Franklin FTSE India ETF $FLIN Stock Position Raised by Empowered Funds LLC

Empowered Funds LLC increased its stake in Franklin FTSE India ETF (NYSEARCA:FLIN) by 28.8% during the second quarter, HoldingsChannel.com reports. The fund owned 188,318 shares of the company’s stock after buying an additional 42,118 shares during the period. Empowered Funds LLC’s holdings in Franklin FTSE India ETF were worth $7,501,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of FLIN. Kestra Private Wealth Services LLC boosted its position in shares of Franklin FTSE India ETF by 4.1% in the 1st quarter. Kestra Private Wealth Services LLC now owns 11,318 shares of the company’s stock valued at $417,000 after purchasing an additional 449 shares during the period. GS Investments Inc. lifted its stake in Franklin FTSE India ETF by 5.9% during the first quarter. GS Investments Inc. now owns 8,085 shares of the company’s stock valued at $298,000 after buying an additional 450 shares in the last quarter. Trust Co. of Vermont boosted its holdings in shares of Franklin FTSE India ETF by 26.9% in the second quarter. Trust Co. of Vermont now owns 2,625 shares of the company’s stock worth $105,000 after buying an additional 556 shares during the period. Rede Wealth LLC increased its position in shares of Franklin FTSE India ETF by 8.0% in the first quarter. Rede Wealth LLC now owns 11,272 shares of the company’s stock worth $415,000 after acquiring an additional 831 shares in the last quarter. Finally, Greykasell Wealth Strategies Inc. increased its position in shares of Franklin FTSE India ETF by 3.4% in the first quarter. Greykasell Wealth Strategies Inc. now owns 24,984 shares of the company’s stock worth $920,000 after acquiring an additional 832 shares in the last quarter.

Franklin FTSE India ETF Stock Performance

Shares of NYSEARCA:FLIN opened at $39.21 on Thursday. The firm has a 50 day simple moving average of $38.49 and a 200 day simple moving average of $38.58. Franklin FTSE India ETF has a 52 week low of $33.86 and a 52 week high of $40.08. The company has a market cap of $2.61 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.