Runnymede Capital Advisors Inc. Acquires New Position in Franklin FTSE India ETF (NYSEARCA:FLIN)

Runnymede Capital Advisors Inc. acquired a new stake in Franklin FTSE India ETF (NYSEARCA:FLIN) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,588 shares of the company’s stock, valued at approximately $325,000.

A number of other hedge funds have also recently modified their holdings of FLIN. Oppenheimer & Co. Inc. grew its holdings in shares of Franklin FTSE India ETF by 39.6% in the third quarter. Oppenheimer & Co. Inc. now owns 10,921 shares of the company’s stock valued at $458,000 after purchasing an additional 3,097 shares during the period. Empowered Funds LLC purchased a new position in Franklin FTSE India ETF during the third quarter worth about $1,516,000. Ativo Capital Management LLC purchased a new position in Franklin FTSE India ETF during the third quarter worth about $17,377,000. BNP Paribas Financial Markets boosted its stake in Franklin FTSE India ETF by 15.5% during the third quarter. BNP Paribas Financial Markets now owns 17,904 shares of the company’s stock worth $750,000 after buying an additional 2,400 shares during the period. Finally, Flow Traders U.S. LLC boosted its stake in Franklin FTSE India ETF by 678.7% during the third quarter. Flow Traders U.S. LLC now owns 208,901 shares of the company’s stock worth $8,753,000 after buying an additional 182,075 shares during the period.

Franklin FTSE India ETF Price Performance

Shares of FLIN stock opened at $36.82 on Friday. The firm has a market cap of $1.70 billion, a PE ratio of 23.47 and a beta of 0.75. The company has a 50-day moving average of $35.73 and a two-hundred day moving average of $38.38. Franklin FTSE India ETF has a 1-year low of $33.86 and a 1-year high of $42.49.

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.