First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) Shares Sold by Marmo Financial Group LLC

Marmo Financial Group LLC decreased its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 1.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 183,742 shares of the company’s stock after selling 2,273 shares during the quarter. First Trust India NIFTY 50 Equal Weight ETF makes up about 5.6% of Marmo Financial Group LLC’s holdings, making the stock its 7th biggest position. Marmo Financial Group LLC owned approximately 3.87% of First Trust India NIFTY 50 Equal Weight ETF worth $10,284,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Private Client Services LLC increased its position in First Trust India NIFTY 50 Equal Weight ETF by 14.1% during the third quarter. Private Client Services LLC now owns 17,152 shares of the company’s stock worth $1,112,000 after buying an additional 2,114 shares during the last quarter. NBC Securities Inc. raised its stake in shares of First Trust India NIFTY 50 Equal Weight ETF by 36.6% in the 3rd quarter. NBC Securities Inc. now owns 3,790 shares of the company’s stock valued at $245,000 after acquiring an additional 1,016 shares in the last quarter. Cornerstone Wealth Management LLC lifted its holdings in First Trust India NIFTY 50 Equal Weight ETF by 5.7% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 5,048 shares of the company’s stock worth $327,000 after purchasing an additional 270 shares during the last quarter. CNB Bank bought a new stake in First Trust India NIFTY 50 Equal Weight ETF during the third quarter worth approximately $42,000. Finally, Trilogy Capital Inc. grew its holdings in First Trust India NIFTY 50 Equal Weight ETF by 10.4% during the third quarter. Trilogy Capital Inc. now owns 6,197 shares of the company’s stock valued at $402,000 after purchasing an additional 583 shares during the last quarter.

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

NASDAQ:NFTY opened at $55.26 on Friday. The company’s 50 day moving average is $56.74 and its 200-day moving average is $60.09. The firm has a market cap of $262.49 million, a price-to-earnings ratio of 24.18 and a beta of 0.72. First Trust India NIFTY 50 Equal Weight ETF has a 12 month low of $53.90 and a 12 month high of $65.90.

First Trust India NIFTY 50 Equal Weight ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.7608 per share. The ex-dividend date of this dividend 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.