Raymond James & Associates Has $1.02 Million Stock Holdings in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY)

Raymond James & Associates reduced its holdings in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 29.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 18,909 shares of the company’s stock after selling 7,728 shares during the quarter. Raymond James & Associates’ holdings in First Trust India NIFTY 50 Equal Weight ETF were worth $1,022,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. First Trust Advisors LP boosted its position in First Trust India NIFTY 50 Equal Weight ETF by 13.7% during the first quarter. First Trust Advisors LP now owns 1,389,372 shares of the company’s stock valued at $58,340,000 after acquiring an additional 167,860 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in First Trust India NIFTY 50 Equal Weight ETF in the third quarter worth approximately $6,832,000. Jane Street Group LLC bought a new stake in First Trust India NIFTY 50 Equal Weight ETF in the first quarter worth approximately $3,397,000. Osaic Holdings Inc. lifted its stake in First Trust India NIFTY 50 Equal Weight ETF by 181.1% in the second quarter. Osaic Holdings Inc. now owns 33,991 shares of the company’s stock valued at $1,625,000 after buying an additional 21,897 shares during the period. Finally, Citadel Advisors LLC boosted its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 207.2% during the 3rd quarter. Citadel Advisors LLC now owns 31,885 shares of the company’s stock worth $1,366,000 after buying an additional 21,507 shares in the last quarter.

First Trust India NIFTY 50 Equal Weight ETF Stock Up 0.7 %

NASDAQ:NFTY opened at $56.04 on Monday. First Trust India NIFTY 50 Equal Weight ETF has a twelve month low of $42.80 and a twelve month high of $58.25. The company has a fifty day moving average of $56.72 and a 200-day moving average of $53.42. The firm has a market capitalization of $196.14 million, a P/E ratio of 24.27 and a beta of 0.72.

First Trust India NIFTY 50 Equal Weight ETF Announces Dividend

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

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.