Northwestern Mutual Wealth Management Co. Acquires 3,323 Shares of Franklin FTSE India ETF (NYSEARCA:FLIN)

Northwestern Mutual Wealth Management Co. raised its holdings in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 97.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 6,730 shares of the company’s stock after acquiring an additional 3,323 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Franklin FTSE India ETF were worth $268,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Park Place Capital Corp purchased a new stake in shares of Franklin FTSE India ETF during the 2nd quarter valued at $36,000. IAG Wealth Partners LLC bought a new position in Franklin FTSE India ETF in the second quarter valued at $45,000. Trust Co. of Vermont raised its position in Franklin FTSE India ETF by 30.4% during the second quarter. Trust Co. of Vermont now owns 2,699 shares of the company’s stock valued at $108,000 after purchasing an additional 630 shares in the last quarter. Avid Wealth Partners LLC bought a new stake in Franklin FTSE India ETF during the second quarter worth about $200,000. Finally, Frank Rimerman Advisors LLC purchased a new position in shares of Franklin FTSE India ETF in the 2nd quarter worth about $222,000.

Franklin FTSE India ETF Trading Up 0.9 %

Shares of Franklin FTSE India ETF stock opened at $41.07 on Thursday. The firm has a market capitalization of $1.13 billion, a PE ratio of 27.54 and a beta of 0.52. Franklin FTSE India ETF has a 12 month low of $30.41 and a 12 month high of $42.49. The business’s 50-day moving average price is $40.99 and its 200-day moving average price is $39.44.

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.