JBR Co Financial Management Inc Invests $343,000 in Franklin FTSE India ETF (NYSEARCA:FLIN)

JBR Co Financial Management Inc bought a new position in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,300 shares of the company’s stock, valued at approximately $343,000.

A number of other large investors have also modified their holdings of FLIN. KWB Wealth grew its holdings in shares of Franklin FTSE India ETF by 4.6% in the first quarter. KWB Wealth now owns 10,914 shares of the company’s stock valued at $402,000 after purchasing an additional 480 shares during the period. Bogart Wealth LLC purchased a new stake in shares of Franklin FTSE India ETF in the first quarter valued at about $33,000. UBS Group AG grew its holdings in shares of Franklin FTSE India ETF by 0.5% in the fourth quarter. UBS Group AG now owns 264,389 shares of the company’s stock valued at $9,222,000 after purchasing an additional 1,303 shares during the period. Knights of Columbus Asset Advisors LLC purchased a new stake in shares of Franklin FTSE India ETF in the fourth quarter valued at about $91,000. Finally, Principal Financial Group Inc. grew its holdings in shares of Franklin FTSE India ETF by 34.7% in the first quarter. Principal Financial Group Inc. now owns 13,248 shares of the company’s stock valued at $488,000 after purchasing an additional 3,414 shares during the period.

Franklin FTSE India ETF Trading Down 0.1 %

NYSEARCA FLIN traded down $0.06 during trading hours on Thursday, reaching $40.82. The company had a trading volume of 131,646 shares, compared to its average volume of 289,646. The stock has a 50-day moving average of $39.26 and a 200 day moving average of $37.41. Franklin FTSE India ETF has a 1-year low of $30.41 and a 1-year high of $41.08. The stock has a market capitalization of $1.12 billion, a P/E ratio of 27.54 and a beta of 0.52.

About Franklin FTSE India ETF

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.