Flow Traders U.S. LLC Sells 17,706 Shares of First Trust India NIFTY 50 Equal Weight ETF $NFTY

Flow Traders U.S. LLC cut its stake in shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 27.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 46,432 shares of the company’s stock after selling 17,706 shares during the quarter. Flow Traders U.S. LLC owned approximately 1.16% of First Trust India NIFTY 50 Equal Weight ETF worth $2,589,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NFTY. Castlekeep Investment Advisors LLC bought a new position in shares of First Trust India NIFTY 50 Equal Weight ETF during the fourth quarter valued at $40,569,000. Jane Street Group LLC lifted its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 1,068.7% during the fourth quarter. Jane Street Group LLC now owns 142,727 shares of the company’s stock valued at $7,991,000 after acquiring an additional 130,515 shares during the period. Cetera Investment Advisers lifted its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 273.6% during the fourth quarter. Cetera Investment Advisers now owns 77,514 shares of the company’s stock valued at $4,340,000 after acquiring an additional 56,765 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 90.9% during the first quarter. Geneos Wealth Management Inc. now owns 73,896 shares of the company’s stock valued at $4,120,000 after acquiring an additional 35,189 shares during the period. Finally, Great Valley Advisor Group Inc. lifted its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 9.8% during the fourth quarter. Great Valley Advisor Group Inc. now owns 176,126 shares of the company’s stock valued at $9,861,000 after acquiring an additional 15,712 shares during the period.

First Trust India NIFTY 50 Equal Weight ETF Stock Performance

Shares of NASDAQ NFTY opened at $58.3350 on Friday. The stock has a market cap of $207.09 million, a PE ratio of 24.33 and a beta of 0.72. The business has a fifty day moving average of $58.40 and a two-hundred day moving average of $56.80. First Trust India NIFTY 50 Equal Weight ETF has a 52-week low of $51.57 and a 52-week high of $65.90.

About First Trust India NIFTY 50 Equal Weight ETF

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.