Pasadena Private Wealth LLC Makes New $1.71 Million Investment in Franklin FTSE India ETF (NYSEARCA:FLIN)

Pasadena Private Wealth LLC purchased a new position in Franklin FTSE India ETF (NYSEARCA:FLIN) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 45,055 shares of the company’s stock, valued at approximately $1,708,000. Pasadena Private Wealth LLC owned approximately 0.16% of Franklin FTSE India ETF at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of FLIN. Private Advisor Group LLC increased its stake in Franklin FTSE India ETF by 0.7% during the 3rd quarter. Private Advisor Group LLC now owns 98,952 shares of the company’s stock worth $4,146,000 after purchasing an additional 707 shares in the last quarter. Creative Planning increased its position in shares of Franklin FTSE India ETF by 7.4% during the third quarter. Creative Planning now owns 19,824 shares of the company’s stock worth $831,000 after acquiring an additional 1,362 shares in the last quarter. Creative Financial Designs Inc. ADV increased its position in shares of Franklin FTSE India ETF by 2.4% during the third quarter. Creative Financial Designs Inc. ADV now owns 58,864 shares of the company’s stock worth $2,466,000 after acquiring an additional 1,406 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of Franklin FTSE India ETF during the fourth quarter worth $62,000. Finally, Oak Family Advisors LLC lifted its position in Franklin FTSE India ETF by 14.9% in the 4th quarter. Oak Family Advisors LLC now owns 15,069 shares of the company’s stock valued at $571,000 after acquiring an additional 1,952 shares in the last quarter.

Franklin FTSE India ETF Trading Up 0.2 %

FLIN stock opened at $35.44 on Wednesday. The stock has a 50-day moving average price of $37.27 and a two-hundred day moving average price of $39.22. Franklin FTSE India ETF has a 1 year low of $35.34 and a 1 year high of $42.49. The stock has a market cap of $976.37 million, a PE ratio of 27.54 and a beta of 0.52.

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.