Franklin FTSE India ETF (NYSEARCA:FLIN) Sets New 1-Year Low – Here’s What Happened

Shares of Franklin FTSE India ETF (NYSEARCA:FLIN) reached a new 52-week low on Monday . The company traded as low as $33.87 and last traded at $34.26, with a volume of 337561 shares. The stock had previously closed at $34.53.

Franklin FTSE India ETF Stock Performance

The firm’s 50-day moving average price is $36.40 and its two-hundred day moving average price is $38.86. The firm has a market cap of $1.62 billion, a PE ratio of 22.67 and a beta of 0.75.

Institutional Trading of Franklin FTSE India ETF

A number of large investors have recently made changes to their positions in the company. Shoker Investment Counsel Inc. grew its position in Franklin FTSE India ETF by 0.3% during the 4th quarter. Shoker Investment Counsel Inc. now owns 95,876 shares of the company’s stock worth $3,634,000 after purchasing an additional 317 shares during the last quarter. Huntington National Bank boosted its stake in shares of Franklin FTSE India ETF by 9.3% during the fourth quarter. Huntington National Bank now owns 7,150 shares of the company’s stock worth $271,000 after buying an additional 607 shares during the period. Rialto Wealth Management LLC purchased a new position in shares of Franklin FTSE India ETF during the fourth quarter worth about $27,000. Integrity Financial Corp WA acquired a new position in Franklin FTSE India ETF in the 4th quarter valued at about $30,000. Finally, Fourth Dimension Wealth LLC acquired a new position in Franklin FTSE India ETF in the 4th quarter valued at about $38,000.

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.