First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. increased its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 5.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 56,978 shares of the company’s stock after purchasing an additional 2,697 shares during the quarter. Stratos Wealth Partners LTD. owned 1.20% of First Trust India NIFTY 50 Equal Weight ETF worth $3,190,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Clear Creek Financial Management LLC acquired a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF during the fourth quarter valued at about $628,000. Merkkuri Wealth Advisors LLC boosted its position in shares of First Trust India NIFTY 50 Equal Weight ETF by 9.7% during the 4th quarter. Merkkuri Wealth Advisors LLC now owns 34,424 shares of the company’s stock worth $1,927,000 after purchasing an additional 3,038 shares during the period. Geneos Wealth Management Inc. increased its holdings in First Trust India NIFTY 50 Equal Weight ETF by 0.7% in the 4th quarter. Geneos Wealth Management Inc. now owns 38,707 shares of the company’s stock valued at $2,167,000 after purchasing an additional 264 shares during the last quarter. Cottonwood Capital Advisors LLC lifted its stake in First Trust India NIFTY 50 Equal Weight ETF by 3.5% during the fourth quarter. Cottonwood Capital Advisors LLC now owns 17,109 shares of the company’s stock worth $958,000 after purchasing an additional 586 shares in the last quarter. Finally, Cornerstone Wealth Management LLC boosted its position in shares of First Trust India NIFTY 50 Equal Weight ETF by 13.8% during the fourth quarter. Cornerstone Wealth Management LLC now owns 5,744 shares of the company’s stock worth $322,000 after buying an additional 696 shares during the period.

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

Shares of NASDAQ NFTY opened at $54.68 on Friday. The stock has a market capitalization of $259.73 million, a PE ratio of 24.18 and a beta of 0.72. First Trust India NIFTY 50 Equal Weight ETF has a twelve month low of $53.90 and a twelve month high of $65.90. The stock 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 Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.7608 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.