New York Life Investment Management LLC Boosts Stock Holdings in Franklin FTSE India ETF $FLIN

New York Life Investment Management LLC raised its holdings in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 3,953.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 495,687 shares of the company’s stock after buying an additional 483,458 shares during the period. New York Life Investment Management LLC owned about 0.81% of Franklin FTSE India ETF worth $19,743,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. IFP Advisors Inc boosted its position in Franklin FTSE India ETF by 9.9% during the first quarter. IFP Advisors Inc now owns 21,769 shares of the company’s stock valued at $802,000 after buying an additional 1,958 shares during the period. Cetera Investment Advisers boosted its position in Franklin FTSE India ETF by 3.3% during the first quarter. Cetera Investment Advisers now owns 84,241 shares of the company’s stock valued at $3,103,000 after buying an additional 2,667 shares during the period. Raymond James Financial Inc. boosted its position in Franklin FTSE India ETF by 23.5% during the first quarter. Raymond James Financial Inc. now owns 286,578 shares of the company’s stock valued at $10,558,000 after buying an additional 54,544 shares during the period. Rede Wealth LLC boosted its position in Franklin FTSE India ETF by 8.0% during the first quarter. Rede Wealth LLC now owns 11,272 shares of the company’s stock valued at $415,000 after buying an additional 831 shares during the period. Finally, Private Advisor Group LLC boosted its position in Franklin FTSE India ETF by 11.6% during the first quarter. Private Advisor Group LLC now owns 78,544 shares of the company’s stock valued at $2,894,000 after buying an additional 8,135 shares during the period.

Franklin FTSE India ETF Stock Up 0.5%

NYSEARCA FLIN opened at $39.31 on Tuesday. The company has a 50-day simple moving average of $38.16 and a two-hundred day simple moving average of $38.42. The firm has a market cap of $2.55 billion, a price-to-earnings ratio of 22.46 and a beta of 0.46. Franklin FTSE India ETF has a 12-month low of $33.86 and a 12-month high of $40.08.

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.