1,094 Shares in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) Purchased by Kestra Investment Management LLC

Kestra Investment Management LLC acquired a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,094 shares of the company’s stock, valued at approximately $61,000.

A number of other institutional investors and hedge funds have also bought and sold shares of NFTY. Marmo Financial Group LLC grew its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 77.7% during the third quarter. Marmo Financial Group LLC now owns 186,015 shares of the company’s stock valued at $12,061,000 after buying an additional 81,351 shares during the last quarter. Benjamin Edwards Inc. purchased a new stake in First Trust India NIFTY 50 Equal Weight ETF during the 3rd quarter valued at $3,866,000. Merit Financial Group LLC purchased a new stake in First Trust India NIFTY 50 Equal Weight ETF during the 4th quarter valued at $3,197,000. Archer Investment Corp increased its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 25.3% in the 3rd quarter. Archer Investment Corp now owns 117,098 shares of the company’s stock worth $7,593,000 after purchasing an additional 23,610 shares in the last quarter. Finally, StoneX Group Inc. raised its stake in shares of First Trust India NIFTY 50 Equal Weight ETF by 12.7% in the third quarter. StoneX Group Inc. now owns 141,786 shares of the company’s stock worth $9,193,000 after purchasing an additional 16,003 shares during the last quarter.

First Trust India NIFTY 50 Equal Weight ETF Price Performance

Shares of NASDAQ:NFTY opened at $53.54 on Friday. First Trust India NIFTY 50 Equal Weight ETF has a 1 year low of $53.52 and a 1 year high of $65.90. The stock’s fifty day moving average price is $55.35 and its 200-day moving average price is $59.32. The company has a market cap of $254.32 million, a P/E ratio of 22.12 and a beta of 0.72.

First Trust India NIFTY 50 Equal Weight ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.7608 per share. The ex-dividend date was Friday, December 13th.

First Trust India NIFTY 50 Equal Weight ETF Profile

The First Trust India NIFTY 50 Equal Weight ETF (NFTY) is an exchange-traded fund that is based on the NIFTY 50 Equal Weight index. The fund tracks an equally weighted index of the 50 largest and most liquid Indian equity securities. NFTY was launched on Feb 14, 2012 and is managed by First Trust.