Runnymede Capital Advisors Inc. Makes New $325,000 Investment in Franklin FTSE India ETF (NYSEARCA:FLIN)

Runnymede Capital Advisors Inc. purchased a new position in Franklin FTSE India ETF (NYSEARCA:FLIN) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 8,588 shares of the company’s stock, valued at approximately $325,000.

Other institutional investors have also added to or reduced their stakes in the company. Atomi Financial Group Inc. bought a new position in Franklin FTSE India ETF in the fourth quarter worth approximately $234,000. Principal Financial Group Inc. raised its position in shares of Franklin FTSE India ETF by 211.9% during the 3rd quarter. Principal Financial Group Inc. now owns 213,051 shares of the company’s stock valued at $8,927,000 after purchasing an additional 144,743 shares during the period. Steward Partners Investment Advisory LLC raised its position in shares of Franklin FTSE India ETF by 2,876.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 17,856 shares of the company’s stock valued at $677,000 after purchasing an additional 17,256 shares during the period. Oppenheimer & Co. Inc. raised its position in shares of Franklin FTSE India ETF by 39.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 10,921 shares of the company’s stock valued at $458,000 after purchasing an additional 3,097 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of Franklin FTSE India ETF by 83.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 15,743 shares of the company’s stock valued at $660,000 after purchasing an additional 7,182 shares during the period.

Franklin FTSE India ETF Price Performance

Shares of FLIN stock opened at $36.82 on Friday. The company has a market capitalization of $1.70 billion, a price-to-earnings ratio of 23.47 and a beta of 0.75. Franklin FTSE India ETF has a one year low of $33.86 and a one year high of $42.49. The company’s fifty day moving average price is $35.73 and its 200-day moving average price is $38.38.

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.