Principal Financial Group Inc. Has $12.09 Million Stock Holdings in Franklin FTSE India ETF $FLIN

Principal Financial Group Inc. trimmed its position in Franklin FTSE India ETF (NYSEARCA:FLIN) by 61.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 364,011 shares of the company’s stock after selling 579,944 shares during the quarter. Principal Financial Group Inc. owned approximately 0.50% of Franklin FTSE India ETF worth $12,092,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. OLD National Bancorp IN increased its position in Franklin FTSE India ETF by 8.0% during the fourth quarter. OLD National Bancorp IN now owns 747,647 shares of the company’s stock worth $28,852,000 after buying an additional 55,523 shares during the last quarter. Axis Capital Holdings Ltd. bought a new stake in Franklin FTSE India ETF in the fourth quarter valued at approximately $14,617,000. 3EDGE Asset Management LP acquired a new stake in shares of Franklin FTSE India ETF in the fourth quarter valued at approximately $29,642,000. Knights of Columbus Asset Advisors LLC lifted its position in shares of Franklin FTSE India ETF by 82.8% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 34,666 shares of the company’s stock valued at $1,338,000 after buying an additional 15,700 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Franklin FTSE India ETF by 30.3% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 62,275 shares of the company’s stock worth $2,097,000 after acquiring an additional 14,499 shares during the period.

Franklin FTSE India ETF Trading Up 0.9%

Shares of NYSEARCA FLIN opened at $34.51 on Friday. The company has a market capitalization of $2.68 billion, a P/E ratio of 22.46 and a beta of 0.47. Franklin FTSE India ETF has a 12 month low of $32.20 and a 12 month high of $39.85. The stock has a 50 day moving average of $34.92 and a 200-day moving average of $35.64.

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.