Avid Wealth Partners LLC Purchases 2,230 Shares of Franklin FTSE India ETF (NYSEARCA:FLIN)

Avid Wealth Partners LLC lifted its position in Franklin FTSE India ETF (NYSEARCA:FLIN) by 45.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,130 shares of the company’s stock after acquiring an additional 2,230 shares during the period. Avid Wealth Partners LLC’s holdings in Franklin FTSE India ETF were worth $270,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Ativo Capital Management LLC purchased a new stake in Franklin FTSE India ETF in the third quarter worth $17,377,000. Franklin Resources Inc. boosted its holdings in shares of Franklin FTSE India ETF by 172.0% during the 3rd quarter. Franklin Resources Inc. now owns 266,515 shares of the company’s stock valued at $10,919,000 after buying an additional 168,525 shares in the last quarter. OLD Second National Bank of Aurora boosted its holdings in shares of Franklin FTSE India ETF by 14.8% during the 4th quarter. OLD Second National Bank of Aurora now owns 223,564 shares of the company’s stock valued at $8,473,000 after buying an additional 28,797 shares in the last quarter. Main Management ETF Advisors LLC grew its position in shares of Franklin FTSE India ETF by 8.8% in the 3rd quarter. Main Management ETF Advisors LLC now owns 221,850 shares of the company’s stock worth $9,296,000 after buying an additional 17,880 shares during the period. Finally, Principal Financial Group Inc. increased its stake in shares of Franklin FTSE India ETF by 211.9% in the 3rd quarter. Principal Financial Group Inc. now owns 213,051 shares of the company’s stock worth $8,927,000 after acquiring an additional 144,743 shares in the last quarter.

Franklin FTSE India ETF Stock Performance

Shares of FLIN opened at $36.70 on Thursday. Franklin FTSE India ETF has a fifty-two week low of $35.60 and a fifty-two week high of $42.49. The firm’s 50-day simple moving average is $37.96 and its two-hundred day simple moving average is $39.52. The stock has a market cap of $1.01 billion, a PE ratio of 27.54 and a beta of 0.52.

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.