First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) Holdings Lowered by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. trimmed its stake in shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 47.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,000 shares of the company’s stock after selling 20,000 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in First Trust India NIFTY 50 Equal Weight ETF were worth $1,230,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. CNB Bank acquired a new position in shares of First Trust India NIFTY 50 Equal Weight ETF in the 3rd quarter worth approximately $42,000. Wealth Enhancement Advisory Services LLC purchased a new position in First Trust India NIFTY 50 Equal Weight ETF during the third quarter valued at approximately $205,000. NBC Securities Inc. lifted its stake in First Trust India NIFTY 50 Equal Weight ETF by 36.6% in the third 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 during the last quarter. Synovus Financial Corp lifted its stake in First Trust India NIFTY 50 Equal Weight ETF by 12.5% in the third quarter. Synovus Financial Corp now owns 3,848 shares of the company’s stock valued at $250,000 after acquiring an additional 427 shares during the last quarter. Finally, Gentry Private Wealth LLC acquired a new stake in First Trust India NIFTY 50 Equal Weight ETF in the third quarter valued at approximately $257,000.

First Trust India NIFTY 50 Equal Weight ETF Trading Down 0.9 %

Shares of First Trust India NIFTY 50 Equal Weight ETF stock opened at $54.68 on Friday. The firm has a fifty day simple moving average of $56.42 and a 200-day simple moving average of $59.90. First Trust India NIFTY 50 Equal Weight ETF has a 1-year low of $53.90 and a 1-year high of $65.90. The stock has a market capitalization of $259.73 million, a price-to-earnings 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 dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.7608 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.