Stifel Financial Corp Grows Stake in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY)

Stifel Financial Corp grew its stake in shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 7.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,488 shares of the company’s stock after acquiring an additional 1,110 shares during the quarter. Stifel Financial Corp owned about 0.33% of First Trust India NIFTY 50 Equal Weight ETF worth $1,004,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. CNB Bank purchased a new stake in First Trust India NIFTY 50 Equal Weight ETF during the 3rd quarter valued at about $42,000. International Assets Investment Management LLC purchased a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF during the second quarter valued at approximately $135,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF during the third quarter valued at approximately $205,000. NBC Securities Inc. raised its holdings in First Trust India NIFTY 50 Equal Weight ETF by 36.6% in the 3rd quarter. NBC Securities Inc. now owns 3,790 shares of the company’s stock worth $245,000 after acquiring an additional 1,016 shares during the last quarter. Finally, Gentry Private Wealth LLC bought a new position in First Trust India NIFTY 50 Equal Weight ETF in the 3rd quarter valued at approximately $257,000.

First Trust India NIFTY 50 Equal Weight ETF Stock Performance

Shares of NASDAQ:NFTY opened at $56.08 on Tuesday. The business has a 50-day simple moving average of $59.52 and a two-hundred day simple moving average of $61.10. The firm has a market cap of $263.58 million, a price-to-earnings ratio of 24.18 and a beta of 0.72. First Trust India NIFTY 50 Equal Weight ETF has a fifty-two week low of $53.37 and a fifty-two week high of $65.90.

First Trust India NIFTY 50 Equal Weight ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a dividend of $0.7608 per share. The ex-dividend date of this dividend is Friday, December 13th.

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.