Private Client Services LLC Purchases New Holdings in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY)

Private Client Services LLC bought a new position in shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 5,290 shares of the company’s stock, valued at approximately $286,000. Private Client Services LLC owned 0.22% of First Trust India NIFTY 50 Equal Weight ETF at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Raymond James Financial Services Advisors Inc. purchased a new position in shares of First Trust India NIFTY 50 Equal Weight ETF in the 4th quarter worth $1,513,000. Envestnet Portfolio Solutions Inc. bought a new stake in First Trust India NIFTY 50 Equal Weight ETF during the third quarter worth approximately $325,000. Private Trust Co. NA acquired a new position in First Trust India NIFTY 50 Equal Weight ETF in the fourth quarter worth approximately $208,000. Archer Investment Corp grew its position in First Trust India NIFTY 50 Equal Weight ETF by 41.5% in the third quarter. Archer Investment Corp now owns 73,066 shares of the company’s stock worth $3,554,000 after buying an additional 21,425 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new position in First Trust India NIFTY 50 Equal Weight ETF during the 3rd quarter worth approximately $6,832,000.

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

Shares of NASDAQ:NFTY opened at $56.07 on Tuesday. The firm has a fifty day moving average of $56.74 and a two-hundred day moving average of $53.20. The firm has a market capitalization of $190.64 million, a P/E ratio of 24.27 and a beta of 0.72. First Trust India NIFTY 50 Equal Weight ETF has a 12-month low of $42.80 and a 12-month high of $58.25.

First Trust India NIFTY 50 Equal Weight ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.0785 dividend. This represents a $0.31 annualized dividend and a dividend yield of 0.56%. The ex-dividend date of this dividend was Thursday, March 21st.

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.