Family Investment Center Inc. Buys New Holdings in Franklin FTSE India ETF (NYSEARCA:FLIN)

Family Investment Center Inc. bought a new stake in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 33,453 shares of the company’s stock, valued at approximately $1,268,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FLIN. Ativo Capital Management LLC bought a new stake in Franklin FTSE India ETF in the 3rd quarter worth approximately $17,377,000. Flow Traders U.S. LLC increased its stake in Franklin FTSE India ETF by 678.7% in the 3rd quarter. Flow Traders U.S. LLC now owns 208,901 shares of the company’s stock worth $8,753,000 after acquiring an additional 182,075 shares during the last quarter. Franklin Resources Inc. increased its stake in Franklin FTSE India ETF by 172.0% in the 3rd quarter. Franklin Resources Inc. now owns 266,515 shares of the company’s stock worth $10,919,000 after acquiring an additional 168,525 shares during the last quarter. Principal Financial Group Inc. increased its stake in 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 during the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of Franklin FTSE India ETF in the 2nd quarter worth approximately $3,360,000.

Franklin FTSE India ETF Stock Performance

Shares of Franklin FTSE India ETF stock opened at $36.57 on Monday. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 27.54 and a beta of 0.52. The stock has a 50 day moving average price of $38.12 and a 200-day moving average price of $39.60. Franklin FTSE India ETF has a one year low of $35.60 and a one year high of $42.49.

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.