Atria Wealth Solutions Inc. Has $490,000 Position in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY)

Atria Wealth Solutions Inc. increased its holdings in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 28.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,070 shares of the company’s stock after purchasing an additional 2,032 shares during the period. Atria Wealth Solutions Inc.’s holdings in First Trust India NIFTY 50 Equal Weight ETF were worth $490,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC grew its position in First Trust India NIFTY 50 Equal Weight ETF by 5.3% in the third quarter. Commonwealth Equity Services LLC now owns 11,103 shares of the company’s stock valued at $540,000 after acquiring an additional 562 shares during the period. Raymond James & Associates boosted its position in First Trust India NIFTY 50 Equal Weight ETF by 2.3% in the 3rd quarter. Raymond James & Associates now owns 26,637 shares of the company’s stock valued at $1,296,000 after buying an additional 592 shares during the last quarter. Crumly & Associates Inc. lifted its stake in shares of First Trust India NIFTY 50 Equal Weight ETF by 0.4% during the third quarter. Crumly & Associates Inc. now owns 188,746 shares of the company’s stock valued at $9,181,000 after acquiring an additional 714 shares during the period. NBC Securities Inc. bought a new position in First Trust India NIFTY 50 Equal Weight ETF in the third quarter valued at about $95,000. Finally, Private Trust Co. NA acquired a new stake in First Trust India NIFTY 50 Equal Weight ETF in the fourth quarter worth about $208,000.

First Trust India NIFTY 50 Equal Weight ETF Price Performance

NFTY opened at $57.45 on Monday. The firm has a 50 day simple moving average of $56.79 and a 200 day simple moving average of $54.01. First Trust India NIFTY 50 Equal Weight ETF has a fifty-two week low of $43.69 and a fifty-two week high of $58.25. The company has a market cap of $212.57 million, a price-to-earnings ratio of 24.25 and a beta of 0.72.

First Trust India NIFTY 50 Equal Weight ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a $0.0785 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.55%.

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.