Flow Traders U.S. LLC Has $981,000 Stock Position in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY)

Flow Traders U.S. LLC lessened its stake in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 61.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,128 shares of the company’s stock after selling 24,400 shares during the quarter. Flow Traders U.S. LLC owned 0.32% of First Trust India NIFTY 50 Equal Weight ETF worth $981,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in NFTY. Marmo Financial Group LLC boosted its stake in First Trust India NIFTY 50 Equal Weight ETF by 77.7% in the 3rd quarter. Marmo Financial Group LLC now owns 186,015 shares of the company’s stock worth $12,061,000 after purchasing an additional 81,351 shares during the period. Beck Capital Management LLC acquired a new position in shares of First Trust India NIFTY 50 Equal Weight ETF during the second quarter worth about $2,013,000. Archer Investment Corp grew its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 25.3% during the third quarter. Archer Investment Corp now owns 117,098 shares of the company’s stock worth $7,593,000 after buying an additional 23,610 shares in the last quarter. StoneX Group Inc. raised its position in First Trust India NIFTY 50 Equal Weight ETF by 12.7% in the 3rd quarter. StoneX Group Inc. now owns 141,786 shares of the company’s stock valued at $9,193,000 after buying an additional 16,003 shares during the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new stake in First Trust India NIFTY 50 Equal Weight ETF in the 3rd quarter valued at approximately $920,000.

First Trust India NIFTY 50 Equal Weight ETF Stock Up 0.3 %

NASDAQ:NFTY opened at $59.02 on Tuesday. The company has a market cap of $277.39 million, a P/E ratio of 24.18 and a beta of 0.72. First Trust India NIFTY 50 Equal Weight ETF has a twelve month low of $51.50 and a twelve month high of $65.90. The business has a 50 day moving average price of $61.13 and a two-hundred day moving average price of $61.03.

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.