First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) Shares Sold by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. cut its stake in shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 10.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,872 shares of the company’s stock after selling 591 shares during the period. Transamerica Financial Advisors Inc.’s holdings in First Trust India NIFTY 50 Equal Weight ETF were worth $316,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in NFTY. Marmo Financial Group LLC raised its position in First Trust India NIFTY 50 Equal Weight ETF by 77.7% in the third quarter. Marmo Financial Group LLC now owns 186,015 shares of the company’s stock valued at $12,061,000 after purchasing an additional 81,351 shares during the period. Great Valley Advisor Group Inc. raised its position in First Trust India NIFTY 50 Equal Weight ETF by 1.5% in the third quarter. Great Valley Advisor Group Inc. now owns 160,414 shares of the company’s stock valued at $10,401,000 after purchasing an additional 2,447 shares during the period. Crumly & Associates Inc. raised its position in First Trust India NIFTY 50 Equal Weight ETF by 6.9% in the third quarter. Crumly & Associates Inc. now owns 148,788 shares of the company’s stock valued at $9,647,000 after purchasing an additional 9,628 shares during the period. StoneX Group Inc. raised its position in First Trust India NIFTY 50 Equal Weight ETF by 12.7% in the third quarter. StoneX Group Inc. now owns 141,786 shares of the company’s stock valued at $9,193,000 after purchasing an additional 16,003 shares during the period. Finally, Archer Investment Corp raised its position in First Trust India NIFTY 50 Equal Weight ETF by 25.3% in the third quarter. Archer Investment Corp now owns 117,098 shares of the company’s stock valued at $7,593,000 after purchasing an additional 23,610 shares during the period.

First Trust India NIFTY 50 Equal Weight ETF Price Performance

NASDAQ:NFTY opened at $58.89 on Wednesday. The business’s 50-day moving average is $61.54 and its two-hundred day moving average is $60.96. The firm has a market capitalization of $276.78 million, a PE ratio of 24.18 and a beta of 0.72. First Trust India NIFTY 50 Equal Weight ETF has a 12 month low of $49.54 and a 12 month high of $65.90.

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.