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

Franklin Resources Inc. grew its holdings in Franklin FTSE India ETF (NYSEARCA:FLIN) by 0.2% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 267,065 shares of the company’s stock after buying an additional 550 shares during the period. Franklin Resources Inc. owned 0.97% of Franklin FTSE India ETF worth $10,122,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Atomi Financial Group Inc. acquired a new position in Franklin FTSE India ETF in the 4th quarter valued at $234,000. Principal Financial Group Inc. increased its stake in shares of Franklin FTSE India ETF by 211.9% during the third 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 period. Steward Partners Investment Advisory LLC raised its holdings in Franklin FTSE India ETF by 2,876.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 17,856 shares of the company’s stock worth $677,000 after purchasing an additional 17,256 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in Franklin FTSE India ETF by 7.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 53,859 shares of the company’s stock worth $2,041,000 after purchasing an additional 3,920 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Franklin FTSE India ETF by 83.9% in the third 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 Stock Performance

Shares of NYSEARCA FLIN opened at $35.12 on Wednesday. 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 capitalization of $1.71 billion, a P/E ratio of 22.83 and a beta of 0.53. The company’s fifty day moving average is $35.69 and its two-hundred day moving average is $37.90.

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.