GS Investments Inc. Purchases 7,350 Shares of Franklin FTSE India ETF (NYSEARCA:FLIN)

GS Investments Inc. increased its holdings in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 2,578.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,635 shares of the company’s stock after acquiring an additional 7,350 shares during the period. GS Investments Inc.’s holdings in Franklin FTSE India ETF were worth $289,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of Franklin FTSE India ETF by 45.3% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,795,490 shares of the company’s stock worth $68,041,000 after purchasing an additional 560,000 shares in the last quarter. Ativo Capital Management LLC acquired a new position in Franklin FTSE India ETF during the 3rd quarter worth $17,377,000. Raymond James Financial Inc. bought a new position in Franklin FTSE India ETF in the 4th quarter valued at $8,794,000. Principal Financial Group Inc. increased its stake in shares of Franklin FTSE India ETF by 91.2% in the 4th quarter. Principal Financial Group Inc. now owns 407,396 shares of the company’s stock valued at $15,440,000 after buying an additional 194,345 shares during the period. Finally, Flow Traders U.S. LLC raised its position in shares of Franklin FTSE India ETF by 678.7% during the third quarter. Flow Traders U.S. LLC now owns 208,901 shares of the company’s stock worth $8,753,000 after acquiring an additional 182,075 shares during the last quarter.

Franklin FTSE India ETF Stock Up 1.5 %

Franklin FTSE India ETF stock opened at $36.14 on Thursday. The business’s 50-day simple moving average is $35.76 and its 200 day simple moving average is $38.42. The stock has a market cap of $1.67 billion, a price-to-earnings ratio of 23.47 and a beta of 0.75. Franklin FTSE India ETF has a 12-month low of $33.86 and a 12-month high of $42.49.

Franklin FTSE India ETF 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.