VSM Wealth Advisory LLC Makes New $54,000 Investment in Franklin FTSE India ETF $FLIN

VSM Wealth Advisory LLC acquired a new position in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,356 shares of the company’s stock, valued at approximately $54,000.

Several other institutional investors and hedge funds also recently made changes to their positions in FLIN. Empowered Funds LLC increased its position in shares of Franklin FTSE India ETF by 28.8% during the second quarter. Empowered Funds LLC now owns 188,318 shares of the company’s stock valued at $7,501,000 after acquiring an additional 42,118 shares during the last quarter. Greykasell Wealth Strategies Inc. grew its stake in Franklin FTSE India ETF by 9.0% in the 2nd quarter. Greykasell Wealth Strategies Inc. now owns 27,236 shares of the company’s stock valued at $1,085,000 after purchasing an additional 2,252 shares during the period. Letko Brosseau & Associates Inc. increased its position in shares of Franklin FTSE India ETF by 30.3% during the 2nd quarter. Letko Brosseau & Associates Inc. now owns 20,975 shares of the company’s stock valued at $835,000 after purchasing an additional 4,875 shares during the last quarter. Mittelman Wealth Management raised its stake in shares of Franklin FTSE India ETF by 42.0% during the 2nd quarter. Mittelman Wealth Management now owns 22,742 shares of the company’s stock worth $906,000 after purchasing an additional 6,727 shares during the period. Finally, Advisors Capital Management LLC boosted its holdings in shares of Franklin FTSE India ETF by 35.9% in the 2nd quarter. Advisors Capital Management LLC now owns 50,176 shares of the company’s stock worth $1,999,000 after buying an additional 13,247 shares during the last quarter.

Franklin FTSE India ETF Stock Performance

Shares of FLIN stock opened at $39.12 on Wednesday. The firm has a market cap of $2.60 billion, a price-to-earnings 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. The firm’s 50-day simple moving average is $38.47 and its two-hundred day simple moving average is $38.58.

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.