First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) Shares Bought by StoneX Group Inc.

StoneX Group Inc. grew its position in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 24.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 175,856 shares of the company’s stock after acquiring an additional 34,070 shares during the quarter. First Trust India NIFTY 50 Equal Weight ETF comprises approximately 0.6% of StoneX Group Inc.’s portfolio, making the stock its 26th biggest position. StoneX Group Inc. owned approximately 3.70% of First Trust India NIFTY 50 Equal Weight ETF worth $9,846,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of NFTY. LPL Financial LLC increased its position in First Trust India NIFTY 50 Equal Weight ETF by 2.9% in the 4th quarter. LPL Financial LLC now owns 222,059 shares of the company’s stock valued at $12,433,000 after acquiring an additional 6,171 shares during the period. Raymond James Financial Inc. acquired a new position in shares of First Trust India NIFTY 50 Equal Weight ETF in the fourth quarter valued at approximately $9,339,000. Crumly & Associates Inc. raised its stake in shares of First Trust India NIFTY 50 Equal Weight ETF by 3.2% during the fourth quarter. Crumly & Associates Inc. now owns 153,556 shares of the company’s stock worth $8,598,000 after purchasing an additional 4,768 shares during the last quarter. Prasad Wealth Partners LLC acquired a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF during the fourth quarter worth $7,322,000. Finally, Archer Investment Corp grew its position in First Trust India NIFTY 50 Equal Weight ETF by 9.7% in the 4th quarter. Archer Investment Corp now owns 128,502 shares of the company’s stock valued at $7,195,000 after buying an additional 11,404 shares during the last quarter.

First Trust India NIFTY 50 Equal Weight ETF Stock Performance

Shares of First Trust India NIFTY 50 Equal Weight ETF stock opened at $55.76 on Tuesday. First Trust India NIFTY 50 Equal Weight ETF has a one year low of $51.57 and a one year high of $65.90. The company has a market cap of $264.86 million, a P/E ratio of 23.73 and a beta of 0.72. The firm has a fifty day moving average of $54.22 and a two-hundred day moving average of $57.75.

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.