First Trust India NIFTY 50 Equal Weight ETF $NFTY Shares Sold by Crumly & Associates Inc.

Crumly & Associates Inc. decreased its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 75.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,637 shares of the company’s stock after selling 221,605 shares during the period. Crumly & Associates Inc.’s holdings in First Trust India NIFTY 50 Equal Weight ETF were worth $3,653,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Merkkuri Wealth Advisors LLC raised its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 2.6% in the 1st quarter. Merkkuri Wealth Advisors LLC now owns 35,391 shares of the company’s stock worth $1,823,000 after purchasing an additional 896 shares during the period. Private Client Services LLC bought a new stake in First Trust India NIFTY 50 Equal Weight ETF in the 3rd quarter worth approximately $1,314,000. Pine Valley Investments Ltd Liability Co boosted its position in First Trust India NIFTY 50 Equal Weight ETF by 4.4% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 20,053 shares of the company’s stock valued at $1,033,000 after buying an additional 850 shares during the period. Gateway Wealth Partners LLC raised its stake in shares of First Trust India NIFTY 50 Equal Weight ETF by 111.4% during the first quarter. Gateway Wealth Partners LLC now owns 8,576 shares of the company’s stock valued at $442,000 after acquiring an additional 4,519 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its position in First Trust India NIFTY 50 Equal Weight ETF by 450.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 920 shares of the company’s stock valued at $54,000 after acquiring an additional 753 shares in the last quarter.

First Trust India NIFTY 50 Equal Weight ETF Trading Down 1.5%

NFTY stock traded down $0.77 during midday trading on Wednesday, hitting $50.07. The company’s stock had a trading volume of 3,057 shares, compared to its average volume of 29,562. The company has a market cap of $97.64 million, a PE ratio of 24.33 and a beta of 0.46. The firm’s 50-day moving average is $53.48 and its 200-day moving average is $53.32. First Trust India NIFTY 50 Equal Weight ETF has a 12 month low of $49.62 and a 12 month high of $60.70.

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.