Trilogy Capital Inc. Takes Position in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY)

Trilogy Capital Inc. purchased a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,551 shares of the company’s stock, valued at approximately $316,000. Trilogy Capital Inc. owned about 0.16% of First Trust India NIFTY 50 Equal Weight ETF at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Private Trust Co. NA bought a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF during the fourth quarter valued at approximately $208,000. Synovus Financial Corp bought a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF during the third quarter valued at approximately $223,000. Private Client Services LLC bought a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF during the fourth quarter valued at approximately $286,000. Clarus Wealth Advisors bought a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF during the fourth quarter valued at approximately $403,000. Finally, Atria Wealth Solutions Inc. grew its stake in shares of First Trust India NIFTY 50 Equal Weight ETF by 28.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 9,070 shares of the company’s stock valued at $490,000 after purchasing an additional 2,032 shares during the last quarter.

First Trust India NIFTY 50 Equal Weight ETF Stock Down 0.2 %

NASDAQ NFTY traded down $0.12 during trading hours on Friday, hitting $60.28. The company’s stock had a trading volume of 17,985 shares, compared to its average volume of 30,326. The stock has a fifty day moving average of $58.13 and a 200 day moving average of $56.50. First Trust India NIFTY 50 Equal Weight ETF has a twelve month low of $46.60 and a twelve month high of $60.64. The firm has a market capitalization of $223.04 million, a P/E ratio of 24.18 and a beta of 0.72.

First Trust India NIFTY 50 Equal Weight ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a $0.0612 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.24 annualized dividend and a yield of 0.41%.

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.