Creative Financial Designs Inc. ADV Raises Stock Holdings in Franklin FTSE India ETF $FLIN

Creative Financial Designs Inc. ADV increased its position in Franklin FTSE India ETF (NYSEARCA:FLIN) by 13.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 71,112 shares of the company’s stock after purchasing an additional 8,694 shares during the period. Creative Financial Designs Inc. ADV owned 0.12% of Franklin FTSE India ETF worth $2,832,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FLIN. OLD National Bancorp IN grew its stake in Franklin FTSE India ETF by 446.9% in the second quarter. OLD National Bancorp IN now owns 636,044 shares of the company’s stock worth $25,334,000 after purchasing an additional 519,754 shares during the period. New York Life Investment Management LLC grew its stake in Franklin FTSE India ETF by 3,953.4% in the second quarter. New York Life Investment Management LLC now owns 495,687 shares of the company’s stock worth $19,743,000 after purchasing an additional 483,458 shares during the period. Goldman Sachs Group Inc. purchased a new stake in Franklin FTSE India ETF in the first quarter worth $9,348,000. Empowered Funds LLC purchased a new stake in Franklin FTSE India ETF in the first quarter worth $5,386,000. Finally, Kovitz Investment Group Partners LLC purchased a new stake in Franklin FTSE India ETF in the first quarter worth $5,285,000.

Franklin FTSE India ETF Stock Down 0.7%

Shares of FLIN stock opened at $38.98 on Friday. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 22.46 and a beta of 0.46. The business’s fifty day moving average is $38.19 and its 200 day moving average is $38.47. Franklin FTSE India ETF has a twelve month low of $33.86 and a twelve month high of $40.08.

Franklin FTSE India ETF 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.