Mirae Asset Global Investments Co. Ltd. purchased a new stake in Franklin FTSE India ETF (NYSEARCA:FLIN – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 16,277 shares of the company’s stock, valued at approximately $545,000.
A number of other hedge funds have also modified their holdings of the business. Arta Finance Wealth Management LLC increased its position in shares of Franklin FTSE India ETF by 15.2% during the 3rd quarter. Arta Finance Wealth Management LLC now owns 8,671 shares of the company’s stock worth $290,000 after purchasing an additional 1,143 shares during the last quarter. Lynx Investment Advisory lifted its position in Franklin FTSE India ETF by 10.3% in the third quarter. Lynx Investment Advisory now owns 28,112 shares of the company’s stock valued at $941,000 after buying an additional 2,636 shares during the last quarter. Elmwood Wealth Management Inc. acquired a new position in Franklin FTSE India ETF in the third quarter valued at about $369,000. Focus Financial Network Inc. boosted its stake in Franklin FTSE India ETF by 6.4% during the third quarter. Focus Financial Network Inc. now owns 105,141 shares of the company’s stock worth $3,521,000 after buying an additional 6,360 shares during the period. Finally, LifeGoal Investments LLC boosted its stake in Franklin FTSE India ETF by 7.6% during the third quarter. LifeGoal Investments LLC now owns 61,714 shares of the company’s stock worth $2,067,000 after buying an additional 4,354 shares during the period.
Franklin FTSE India ETF Price Performance
Shares of FLIN opened at $36.70 on Tuesday. Franklin FTSE India ETF has a 1-year low of $32.20 and a 1-year high of $39.43. The stock has a market cap of $2.73 billion, a PE ratio of 22.46 and a beta of 0.49. The firm has a 50-day simple moving average of $34.35 and a two-hundred day simple moving average of $35.19.
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.
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