First Trust India NIFTY 50 Equal Weight ETF $NFTY Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers decreased its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 9.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 133,934 shares of the company’s stock after selling 13,751 shares during the period. Cetera Investment Advisers owned approximately 0.05% of First Trust India NIFTY 50 Equal Weight ETF worth $6,897,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in NFTY. Sound Income Strategies LLC bought a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF in the 4th quarter worth approximately $32,000. Arax Advisory Partners acquired a new stake in First Trust India NIFTY 50 Equal Weight ETF during the fourth quarter valued at approximately $52,000. Rockefeller Capital Management L.P. boosted its holdings in First Trust India NIFTY 50 Equal Weight ETF by 450.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 920 shares of the company’s stock worth $54,000 after buying an additional 753 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in First Trust India NIFTY 50 Equal Weight ETF by 75.3% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 1,374 shares of the company’s stock worth $80,000 after buying an additional 590 shares in the last quarter. Finally, NewEdge Advisors LLC bought a new stake in First Trust India NIFTY 50 Equal Weight ETF during the first quarter worth approximately $127,000.

First Trust India NIFTY 50 Equal Weight ETF Stock Performance

First Trust India NIFTY 50 Equal Weight ETF stock opened at $54.60 on Friday. The firm has a market cap of $117.39 million, a price-to-earnings ratio of 24.33 and a beta of 0.45. First Trust India NIFTY 50 Equal Weight ETF has a 1 year low of $49.62 and a 1 year high of $60.70. The firm’s 50 day moving average price is $53.50 and its two-hundred day moving average price is $54.38.

First Trust India NIFTY 50 Equal Weight ETF 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.