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

Franklin Resources Inc. boosted its holdings in Franklin FTSE India ETF (NYSEARCA:FLIN) by 172.0% during the 3rd quarter, Holdings Channel reports. The fund owned 266,515 shares of the company’s stock after acquiring an additional 168,525 shares during the quarter. Franklin Resources Inc.’s holdings in Franklin FTSE India ETF were worth $10,919,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in FLIN. M&R Capital Management Inc. raised its position in shares of Franklin FTSE India ETF by 76.0% during the 3rd quarter. M&R Capital Management Inc. now owns 1,091 shares of the company’s stock worth $46,000 after buying an additional 471 shares in the last quarter. CWM LLC acquired a new position in shares of Franklin FTSE India ETF during the third quarter valued at approximately $86,000. Vontobel Holding Ltd. bought a new stake in Franklin FTSE India ETF during the third quarter worth approximately $214,000. Frank Rimerman Advisors LLC acquired a new stake in Franklin FTSE India ETF in the second quarter worth approximately $222,000. Finally, 1834 Investment Advisors Co. bought a new position in Franklin FTSE India ETF during the 3rd quarter valued at $226,000.

Franklin FTSE India ETF Stock Performance

FLIN opened at $38.49 on Friday. The company has a market capitalization of $1.06 billion, a PE ratio of 27.54 and a beta of 0.52. The stock’s fifty day moving average is $39.40 and its 200-day moving average is $40.14. Franklin FTSE India ETF has a one year low of $34.17 and a one year high of $42.49.

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.