First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) Shares Sold by Crumly & Associates Inc.

Crumly & Associates Inc. lowered its position in shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 1.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 139,160 shares of the company’s stock after selling 2,597 shares during the quarter. First Trust India NIFTY 50 Equal Weight ETF accounts for approximately 2.4% of Crumly & Associates Inc.’s investment portfolio, making the stock its 13th largest position. Crumly & Associates Inc. owned approximately 3.35% of First Trust India NIFTY 50 Equal Weight ETF worth $8,389,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NFTY. International Assets Investment Management LLC acquired a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF during the 4th quarter valued at $2,659,000. Envestnet Portfolio Solutions Inc. boosted its position in shares of First Trust India NIFTY 50 Equal Weight ETF by 36.2% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 9,109 shares of the company’s stock valued at $492,000 after purchasing an additional 2,421 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in First Trust India NIFTY 50 Equal Weight ETF by 18.2% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 39,183 shares of the company’s stock worth $2,118,000 after buying an additional 6,021 shares during the period. Purus Wealth Management LLC lifted its stake in First Trust India NIFTY 50 Equal Weight ETF by 21.2% during the first quarter. Purus Wealth Management LLC now owns 33,745 shares of the company’s stock valued at $1,922,000 after buying an additional 5,906 shares in the last quarter. Finally, Trilogy Capital Inc. acquired a new position in shares of First Trust India NIFTY 50 Equal Weight ETF in the first quarter worth about $316,000.

First Trust India NIFTY 50 Equal Weight ETF Stock Down 0.4 %

Shares of First Trust India NIFTY 50 Equal Weight ETF stock traded down $0.28 during trading on Thursday, hitting $63.06. The stock had a trading volume of 6,497 shares, compared to its average volume of 28,558. First Trust India NIFTY 50 Equal Weight ETF has a 1 year low of $46.60 and a 1 year high of $63.49. The stock has a 50 day simple moving average of $61.73 and a 200 day simple moving average of $58.93. The company has a market capitalization of $261.70 million, a PE ratio of 24.18 and a beta of 0.72.

First Trust India NIFTY 50 Equal Weight ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a dividend of $0.0612 per share. This represents a $0.24 annualized dividend and a yield of 0.39%. The ex-dividend date was Thursday, June 27th.

First Trust India NIFTY 50 Equal Weight ETF Company 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.