GS Investments Inc. Has $289,000 Position in Franklin FTSE India ETF (NYSEARCA:FLIN)

GS Investments Inc. lifted its stake in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 2,578.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 7,635 shares of the company’s stock after buying an additional 7,350 shares during the quarter. GS Investments Inc.’s holdings in Franklin FTSE India ETF were worth $289,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. grew its stake in Franklin FTSE India ETF by 45.3% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,795,490 shares of the company’s stock valued at $68,041,000 after buying an additional 560,000 shares during the last quarter. Ativo Capital Management LLC bought a new stake in shares of Franklin FTSE India ETF during the third quarter worth approximately $17,377,000. Principal Financial Group Inc. grew its position 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 valued at $15,440,000 after purchasing an additional 194,345 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Franklin FTSE India ETF by 172.0% during the third quarter. Franklin Resources Inc. now owns 266,515 shares of the company’s stock worth $10,919,000 after purchasing an additional 168,525 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Franklin FTSE India ETF during the 4th quarter worth approximately $8,794,000.

Franklin FTSE India ETF Price Performance

Shares of NYSEARCA FLIN opened at $36.14 on Thursday. Franklin FTSE India ETF has a one year low of $33.86 and a one year high of $42.49. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of 23.47 and a beta of 0.75. The stock’s fifty day moving average price is $35.76 and its two-hundred day moving average price is $38.42.

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.