Family Investment Center Inc. Buys New Shares in Franklin FTSE India ETF (NYSEARCA:FLIN)

Family Investment Center Inc. bought a new position in Franklin FTSE India ETF (NYSEARCA:FLIN) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 33,453 shares of the company’s stock, valued at approximately $1,268,000. Family Investment Center Inc. owned 0.12% of Franklin FTSE India ETF as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new stake in shares of Franklin FTSE India ETF during the fourth quarter valued at approximately $62,000. CWM LLC purchased a new stake in shares of Franklin FTSE India ETF during the third quarter valued at approximately $86,000. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of Franklin FTSE India ETF by 172.7% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 4,500 shares of the company’s stock valued at $171,000 after purchasing an additional 2,850 shares during the period. Vontobel Holding Ltd. purchased a new stake in shares of Franklin FTSE India ETF during the third quarter valued at approximately $214,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Franklin FTSE India ETF during the fourth quarter valued at approximately $217,000.

Franklin FTSE India ETF Stock Up 0.3 %

Shares of Franklin FTSE India ETF stock opened at $36.57 on Monday. The company has a market cap of $1.01 billion, a PE ratio of 27.54 and a beta of 0.52. The business has a 50 day moving average of $38.12 and a 200 day moving average of $39.60. Franklin FTSE India ETF has a 52 week low of $35.60 and a 52 week high of $42.49.

About Franklin FTSE India ETF

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.