Jane Street Group LLC cut its stake in shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY – Free Report) by 86.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 12,212 shares of the company’s stock after selling 76,223 shares during the quarter. Jane Street Group LLC’s holdings in First Trust India NIFTY 50 Equal Weight ETF were worth $792,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the company. Stifel Financial Corp increased its holdings in First Trust India NIFTY 50 Equal Weight ETF by 7.7% in the 3rd quarter. Stifel Financial Corp now owns 15,488 shares of the company’s stock worth $1,004,000 after purchasing an additional 1,110 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 1.3% during the third quarter. Integrated Wealth Concepts LLC now owns 67,031 shares of the company’s stock worth $4,346,000 after purchasing an additional 876 shares during the last quarter. Beck Capital Management LLC increased its stake in shares of First Trust India NIFTY 50 Equal Weight ETF by 2.1% in the third quarter. Beck Capital Management LLC now owns 34,089 shares of the company’s stock valued at $2,210,000 after buying an additional 694 shares during the period. Benjamin Edwards Inc. bought a new position in First Trust India NIFTY 50 Equal Weight ETF in the 3rd quarter valued at approximately $3,866,000. Finally, Gentry Private Wealth LLC acquired a new stake in First Trust India NIFTY 50 Equal Weight ETF during the 3rd quarter worth approximately $257,000.
First Trust India NIFTY 50 Equal Weight ETF Price Performance
NFTY opened at $57.14 on Friday. The company’s 50 day moving average price is $58.53 and its two-hundred day moving average price is $60.89. The firm has a market capitalization of $268.56 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 fifty-two week low of $53.37 and a fifty-two week high of $65.90.
First Trust India NIFTY 50 Equal Weight ETF Dividend Announcement
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.
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