Mirae Asset Global Investments Co. Ltd. acquired a new stake in Franklin FTSE India ETF (NYSEARCA:FLIN – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 16,277 shares of the company’s stock, valued at approximately $545,000.
Several other institutional investors and hedge funds have also recently modified their holdings of FLIN. Integrated Wealth Concepts LLC acquired a new position in Franklin FTSE India ETF during the 2nd quarter worth about $108,000. Advisory Solutions Group LLC acquired a new position in Franklin FTSE India ETF in the 2nd quarter valued at about $229,000. Boltwood Capital Management acquired a new position in Franklin FTSE India ETF in the 2nd quarter valued at about $260,000. EverSource Wealth Advisors LLC increased its stake in Franklin FTSE India ETF by 8.5% during the first quarter. EverSource Wealth Advisors LLC now owns 8,039 shares of the company’s stock worth $267,000 after purchasing an additional 631 shares during the period. Finally, Arta Finance Wealth Management LLC increased its stake in Franklin FTSE India ETF by 15.2% during the third quarter. Arta Finance Wealth Management LLC now owns 8,671 shares of the company’s stock worth $290,000 after purchasing an additional 1,143 shares during the period.
Franklin FTSE India ETF Stock Performance
Shares of FLIN opened at $36.70 on Tuesday. The company’s 50-day simple moving average is $34.35 and its 200-day simple moving average is $35.19. Franklin FTSE India ETF has a 1 year low of $32.20 and a 1 year high of $39.43. The stock has a market capitalization of $2.73 billion, a PE ratio of 22.46 and a beta of 0.49.
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.
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