Franklin FTSE India ETF (NYSEARCA:FLIN) Shares Bought by Franklin Resources Inc.

Franklin Resources Inc. lifted its position in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 172.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 266,515 shares of the company’s stock after acquiring an additional 168,525 shares during the period. Franklin Resources Inc. owned about 0.97% of Franklin FTSE India ETF worth $10,919,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. M&R Capital Management Inc. lifted its holdings in Franklin FTSE India ETF by 76.0% in the third quarter. M&R Capital Management Inc. now owns 1,091 shares of the company’s stock worth $46,000 after acquiring an additional 471 shares during the last quarter. CWM LLC bought a new stake in shares of Franklin FTSE India ETF in the 3rd quarter worth approximately $86,000. Vontobel Holding Ltd. bought a new stake in shares of Franklin FTSE India ETF in the 3rd quarter worth approximately $214,000. Frank Rimerman Advisors LLC acquired a new position in Franklin FTSE India ETF during the 2nd quarter valued at approximately $222,000. Finally, 1834 Investment Advisors Co. bought a new position in Franklin FTSE India ETF during the 3rd quarter worth $226,000.

Franklin FTSE India ETF Stock Performance

FLIN stock opened at $38.49 on Friday. Franklin FTSE India ETF has a 1 year low of $34.17 and a 1 year high of $42.49. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 27.54 and a beta of 0.52. The stock’s fifty day moving average is $39.40 and its two-hundred day moving average is $40.14.

Franklin FTSE India ETF Company Profile

The Franklin FTSE India ETF (FLIN) is an exchange-traded fund that is based on the FTSE India RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Indian securities. FLIN was launched on Feb 6, 2018 and is managed by Franklin Templeton.