Stifel Financial Corp Has $895,000 Stock Holdings in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY)

Stifel Financial Corp raised its position in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) by 3.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,985 shares of the company’s stock after acquiring an additional 497 shares during the period. Stifel Financial Corp owned about 0.34% of First Trust India NIFTY 50 Equal Weight ETF worth $895,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Harbour Investments Inc. increased its position in shares of First Trust India NIFTY 50 Equal Weight ETF by 3,516.7% during the fourth quarter. Harbour Investments Inc. now owns 1,085 shares of the company’s stock valued at $61,000 after purchasing an additional 1,055 shares during the period. Kestra Investment Management LLC bought a new stake in First Trust India NIFTY 50 Equal Weight ETF in the 4th quarter valued at $61,000. PNC Financial Services Group Inc. acquired a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF during the 4th quarter valued at about $153,000. Capital Wealth Alliance LLC bought a new stake in First Trust India NIFTY 50 Equal Weight ETF in the fourth quarter valued at about $249,000. Finally, Gentry Private Wealth LLC raised its position in First Trust India NIFTY 50 Equal Weight ETF by 33.4% in the fourth quarter. Gentry Private Wealth LLC now owns 5,286 shares of the company’s stock worth $296,000 after purchasing an additional 1,323 shares in the last quarter.

First Trust India NIFTY 50 Equal Weight ETF Trading Up 1.4 %

NASDAQ NFTY opened at $56.59 on Friday. First Trust India NIFTY 50 Equal Weight ETF has a 1-year low of $51.57 and a 1-year high of $65.90. The company has a market capitalization of $226.36 million, a price-to-earnings ratio of 22.75 and a beta of 0.72. The stock’s 50 day moving average is $55.45 and its two-hundred day moving average is $56.29.

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.