First Trust India NIFTY 50 Equal Weight ETF $NFTY Shares Sold by Crumly & Associates Inc.

Crumly & Associates Inc. decreased its stake in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 75.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 71,637 shares of the company’s stock after selling 221,605 shares during the period. Crumly & Associates Inc. owned approximately 3.67% of First Trust India NIFTY 50 Equal Weight ETF worth $3,653,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Rockefeller Capital Management L.P. lifted its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 450.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 920 shares of the company’s stock valued at $54,000 after acquiring an additional 753 shares during the period. Pine Valley Investments Ltd Liability Co raised its position in shares of First Trust India NIFTY 50 Equal Weight ETF by 4.4% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 20,053 shares of the company’s stock valued at $1,033,000 after acquiring an additional 850 shares during the period. Merkkuri Wealth Advisors LLC raised its stake in First Trust India NIFTY 50 Equal Weight ETF by 2.6% during the 1st quarter. Merkkuri Wealth Advisors LLC now owns 35,391 shares of the company’s stock worth $1,823,000 after buying an additional 896 shares during the period. Gateway Wealth Partners LLC raised its holdings in First Trust India NIFTY 50 Equal Weight ETF by 111.4% during the 1st quarter. Gateway Wealth Partners LLC now owns 8,576 shares of the company’s stock worth $442,000 after buying an additional 4,519 shares during the period. Finally, Private Client Services LLC acquired a new position in First Trust India NIFTY 50 Equal Weight ETF during the 3rd quarter worth approximately $1,314,000.

First Trust India NIFTY 50 Equal Weight ETF Stock Down 1.5%

Shares of NASDAQ NFTY traded down $0.77 during trading hours on Wednesday, hitting $50.07. The company had a trading volume of 3,057 shares, compared to its average volume of 29,562. The firm’s 50 day moving average is $53.48 and its 200-day moving average is $53.32. The stock has a market capitalization of $97.64 million, a P/E ratio of 24.33 and a beta of 0.46. First Trust India NIFTY 50 Equal Weight ETF has a 1-year low of $49.62 and a 1-year high of $60.70.

About First Trust India NIFTY 50 Equal Weight ETF

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.