Crumly & Associates Inc. Raises Stock Holdings in First Trust India NIFTY 50 Equal Weight ETF $NFTY

Crumly & Associates Inc. raised its holdings in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 5.2% during the 3rd quarter, Holdings Channel reports. The firm owned 184,439 shares of the company’s stock after buying an additional 9,112 shares during the quarter. First Trust India NIFTY 50 Equal Weight ETF makes up about 2.3% of Crumly & Associates Inc.’s holdings, making the stock its 12th largest holding. Crumly & Associates Inc. owned about 0.06% of First Trust India NIFTY 50 Equal Weight ETF worth $10,498,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Ameritas Advisory Services LLC purchased a new position in shares of First Trust India NIFTY 50 Equal Weight ETF during the 2nd quarter valued at approximately $69,000. NewEdge Advisors LLC purchased a new position in First Trust India NIFTY 50 Equal Weight ETF during the first quarter valued at $127,000. Atlantic Union Bankshares Corp purchased a new position in First Trust India NIFTY 50 Equal Weight ETF during the second quarter valued at $399,000. Coppell Advisory Solutions LLC grew its position in shares of First Trust India NIFTY 50 Equal Weight ETF by 179.6% in the second quarter. Coppell Advisory Solutions LLC now owns 10,009 shares of the company’s stock valued at $603,000 after purchasing an additional 6,429 shares during the period. Finally, Summit Investment Advisors Inc. increased its stake in shares of First Trust India NIFTY 50 Equal Weight ETF by 8.0% during the first quarter. Summit Investment Advisors Inc. now owns 13,182 shares of the company’s stock worth $735,000 after purchasing an additional 974 shares in the last quarter.

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

NFTY opened at $56.12 on Thursday. The company has a market cap of $162.75 million, a PE ratio of 24.33 and a beta of 0.45. First Trust India NIFTY 50 Equal Weight ETF has a twelve month low of $51.57 and a twelve month high of $60.70. The company has a 50-day moving average price of $57.88 and a 200 day moving average price of $58.08.

First Trust India NIFTY 50 Equal Weight ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a $0.7212 dividend. This represents a $2.88 annualized dividend and a dividend yield of 5.1%. The ex-dividend date was Friday, December 12th.

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.