International Assets Investment Management LLC Makes New $217,000 Investment in Franklin FTSE India ETF (NYSEARCA:FLIN)

International Assets Investment Management LLC acquired a new position in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 5,647 shares of the company’s stock, valued at approximately $217,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in Franklin FTSE India ETF by 83.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 15,743 shares of the company’s stock worth $660,000 after purchasing an additional 7,182 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of Franklin FTSE India ETF by 211.9% in the 3rd quarter. Principal Financial Group Inc. now owns 213,051 shares of the company’s stock valued at $8,927,000 after acquiring an additional 144,743 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Franklin FTSE India ETF by 172.0% in the 3rd quarter. Franklin Resources Inc. now owns 266,515 shares of the company’s stock valued at $10,919,000 after acquiring an additional 168,525 shares during the last quarter. Tidal Investments LLC bought a new stake in shares of Franklin FTSE India ETF in the 3rd quarter valued at about $708,000. Finally, Sanctuary Advisors LLC increased its stake in shares of Franklin FTSE India ETF by 77.1% in the 3rd quarter. Sanctuary Advisors LLC now owns 158,480 shares of the company’s stock valued at $6,157,000 after acquiring an additional 69,006 shares during the last quarter.

Franklin FTSE India ETF Price Performance

Shares of FLIN stock opened at $36.29 on Tuesday. The stock has a market cap of $999.79 million, a PE ratio of 27.54 and a beta of 0.52. The stock has a 50-day moving average of $38.80 and a 200-day moving average of $40.02. Franklin FTSE India ETF has a one year low of $34.66 and a one year high of $42.49.

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.