Franklin FTSE India ETF $FLIN Stake Boosted by Empowered Funds LLC

Empowered Funds LLC boosted its holdings in Franklin FTSE India ETF (NYSEARCA:FLIN) by 28.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 188,318 shares of the company’s stock after purchasing an additional 42,118 shares during the quarter. Empowered Funds LLC owned approximately 0.31% of Franklin FTSE India ETF worth $7,501,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of FLIN. Envestnet Asset Management Inc. lifted its position in shares of Franklin FTSE India ETF by 274.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 37,804 shares of the company’s stock worth $1,393,000 after buying an additional 27,697 shares during the last quarter. Private Advisor Group LLC raised its stake 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 worth $2,894,000 after acquiring an additional 8,135 shares during the period. Kestra Private Wealth Services LLC lifted its holdings in Franklin FTSE India ETF by 4.1% in the first quarter. Kestra Private Wealth Services LLC now owns 11,318 shares of the company’s stock worth $417,000 after acquiring an additional 449 shares during the last quarter. IFP Advisors Inc lifted its holdings in Franklin FTSE India ETF by 9.9% in the first quarter. IFP Advisors Inc now owns 21,769 shares of the company’s stock worth $802,000 after acquiring an additional 1,958 shares during the last quarter. Finally, Kovack Advisors Inc. boosted its stake in Franklin FTSE India ETF by 7.9% in the first quarter. Kovack Advisors Inc. now owns 15,869 shares of the company’s stock valued at $585,000 after acquiring an additional 1,164 shares during the period.

Franklin FTSE India ETF Trading Up 0.2%

NYSEARCA:FLIN opened at $39.21 on Thursday. The stock has a 50 day moving average of $38.49 and a 200-day moving average of $38.58. The firm has a market capitalization of $2.61 billion, a PE ratio of 22.46 and a beta of 0.46. Franklin FTSE India ETF has a 52 week low of $33.86 and a 52 week high of $40.08.

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.