Flow Traders U.S. LLC Takes Position in Franklin FTSE India ETF $FLIN

Flow Traders U.S. LLC acquired a new position in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 126,078 shares of the company’s stock, valued at approximately $4,701,000. Flow Traders U.S. LLC owned about 0.19% of Franklin FTSE India ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Investment Management Corp of Ontario increased its stake in Franklin FTSE India ETF by 220.3% in the second quarter. Investment Management Corp of Ontario now owns 1,563,681 shares of the company’s stock valued at $62,281,000 after acquiring an additional 1,075,500 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in Franklin FTSE India ETF during the first quarter worth about $9,348,000. Principal Financial Group Inc. lifted its stake in Franklin FTSE India ETF by 30.7% during the third quarter. Principal Financial Group Inc. now owns 898,218 shares of the company’s stock worth $33,495,000 after purchasing an additional 210,899 shares during the last quarter. AGF Management Ltd. boosted its holdings in shares of Franklin FTSE India ETF by 16.9% in the 3rd quarter. AGF Management Ltd. now owns 1,197,347 shares of the company’s stock worth $44,649,000 after purchasing an additional 172,979 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Franklin FTSE India ETF by 115.0% in the 2nd quarter. Bank of America Corp DE now owns 284,146 shares of the company’s stock worth $11,318,000 after purchasing an additional 151,964 shares in the last quarter.

Franklin FTSE India ETF Trading Down 1.2%

Shares of Franklin FTSE India ETF stock opened at $34.23 on Monday. The firm has a market capitalization of $2.62 billion, a PE ratio of 22.46 and a beta of 0.46. Franklin FTSE India ETF has a 12 month low of $34.17 and a 12 month high of $40.08. The business’s 50-day moving average price is $37.26 and its 200-day moving average price is $38.01.

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.