Pasadena Private Wealth LLC Makes New Investment in Franklin FTSE India ETF (NYSEARCA:FLIN)

Pasadena Private Wealth LLC bought a new stake in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) in the fourth quarter, Holdings Channel reports. The fund bought 45,055 shares of the company’s stock, valued at approximately $1,708,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Sanctuary Advisors LLC lifted its position in shares of Franklin FTSE India ETF by 11.0% during the 4th quarter. Sanctuary Advisors LLC now owns 175,863 shares of the company’s stock valued at $6,414,000 after buying an additional 17,383 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Franklin FTSE India ETF by 91.2% in the fourth quarter. Principal Financial Group Inc. now owns 407,396 shares of the company’s stock worth $15,440,000 after acquiring an additional 194,345 shares during the period. Csenge Advisory Group boosted its holdings in shares of Franklin FTSE India ETF by 1.2% in the fourth quarter. Csenge Advisory Group now owns 217,595 shares of the company’s stock worth $8,247,000 after acquiring an additional 2,559 shares during the period. Allworth Financial LP purchased a new position in shares of Franklin FTSE India ETF in the fourth quarter valued at $2,399,000. Finally, Focus Financial Network Inc. bought a new stake in shares of Franklin FTSE India ETF during the 4th quarter valued at $1,332,000.

Franklin FTSE India ETF Stock Up 0.2 %

Shares of NYSEARCA FLIN opened at $35.44 on Wednesday. The company has a market cap of $976.37 million, a P/E ratio of 27.54 and a beta of 0.52. Franklin FTSE India ETF has a 52 week low of $35.34 and a 52 week high of $42.49. The business has a 50-day simple moving average of $37.27 and a two-hundred day simple moving average of $39.22.

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.