VSM Wealth Advisory LLC Acquires New Stake in Franklin FTSE India ETF $FLIN

VSM Wealth Advisory LLC bought a new position in Franklin FTSE India ETF (NYSEARCA:FLIN) during the second quarter, Holdings Channel.com reports. The institutional investor bought 1,356 shares of the company’s stock, valued at approximately $54,000.

A number of other large investors have also recently modified their holdings of the business. Empowered Funds LLC raised its stake in Franklin FTSE India ETF by 28.8% in the second quarter. Empowered Funds LLC now owns 188,318 shares of the company’s stock valued at $7,501,000 after purchasing an additional 42,118 shares in the last quarter. Greykasell Wealth Strategies Inc. increased its holdings in shares of Franklin FTSE India ETF by 9.0% in the 2nd quarter. Greykasell Wealth Strategies Inc. now owns 27,236 shares of the company’s stock worth $1,085,000 after buying an additional 2,252 shares during the last quarter. Letko Brosseau & Associates Inc. raised its position in shares of Franklin FTSE India ETF by 30.3% during the 2nd quarter. Letko Brosseau & Associates Inc. now owns 20,975 shares of the company’s stock valued at $835,000 after buying an additional 4,875 shares in the last quarter. Mittelman Wealth Management lifted its holdings in shares of Franklin FTSE India ETF by 42.0% during the 2nd quarter. Mittelman Wealth Management now owns 22,742 shares of the company’s stock worth $906,000 after acquiring an additional 6,727 shares during the last quarter. Finally, Advisors Capital Management LLC grew its position in Franklin FTSE India ETF by 35.9% in the second quarter. Advisors Capital Management LLC now owns 50,176 shares of the company’s stock worth $1,999,000 after acquiring an additional 13,247 shares in the last quarter.

Franklin FTSE India ETF Stock Down 0.1%

FLIN opened at $39.12 on Wednesday. The business’s fifty day simple moving average is $38.47 and its 200 day simple moving average is $38.58. Franklin FTSE India ETF has a 52 week low of $33.86 and a 52 week high of $40.08. The stock has a market cap of $2.60 billion, a PE ratio of 22.46 and a beta of 0.46.

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.