Avid Wealth Partners LLC Acquires 2,230 Shares of Franklin FTSE India ETF (NYSEARCA:FLIN)

Avid Wealth Partners LLC boosted its holdings in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 45.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,130 shares of the company’s stock after buying an additional 2,230 shares during the quarter. Avid Wealth Partners LLC’s holdings in Franklin FTSE India ETF were worth $270,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Principal Financial Group Inc. raised its holdings 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 purchasing an additional 144,743 shares during the period. Atomi Financial Group Inc. bought a new position in shares of Franklin FTSE India ETF during the 4th quarter valued at approximately $234,000. Park Avenue Securities LLC purchased a new position in Franklin FTSE India ETF during the third quarter valued at approximately $331,000. Altman Advisors Inc. purchased a new position in shares of Franklin FTSE India ETF during the 3rd quarter valued at $2,802,000. Finally, Oppenheimer & Co. Inc. raised its holdings in Franklin FTSE India ETF by 39.6% during the third quarter. Oppenheimer & Co. Inc. now owns 10,921 shares of the company’s stock valued at $458,000 after acquiring an additional 3,097 shares during the period.

Franklin FTSE India ETF Stock Performance

FLIN stock opened at $36.70 on Thursday. The company’s fifty day moving average price is $37.96 and its 200-day moving average price is $39.52. Franklin FTSE India ETF has a one year low of $35.60 and a one year high of $42.49. The company has a market capitalization of $1.01 billion, a PE 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.