Kovack Advisors Inc. Acquires New Stake in Franklin FTSE India ETF (NYSEARCA:FLIN)

Kovack Advisors Inc. acquired a new stake in Franklin FTSE India ETF (NYSEARCA:FLIN) during the 4th quarter, HoldingsChannel reports. The firm acquired 14,705 shares of the company’s stock, valued at approximately $557,000.

Other institutional investors have also bought and sold shares of the company. Heck Capital Advisors LLC purchased a new position in Franklin FTSE India ETF in the fourth quarter valued at approximately $62,000. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Franklin FTSE India ETF by 172.7% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 4,500 shares of the company’s stock valued at $171,000 after purchasing an additional 2,850 shares during the last quarter. 1834 Investment Advisors Co. purchased a new position in Franklin FTSE India ETF in the third quarter valued at approximately $226,000. International Assets Investment Management LLC purchased a new position in Franklin FTSE India ETF in the fourth quarter valued at approximately $217,000. Finally, Atomi Financial Group Inc. purchased a new position in Franklin FTSE India ETF in the fourth quarter valued at approximately $234,000.

Franklin FTSE India ETF Trading Down 0.8 %

Franklin FTSE India ETF stock opened at $34.27 on Friday. Franklin FTSE India ETF has a 12 month low of $33.87 and a 12 month high of $42.49. The business’s 50 day simple moving average is $36.66 and its 200 day simple moving average is $39.00. The company has a market cap of $944.14 million, a price-to-earnings ratio of 27.54 and a beta of 0.52.

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.