Financiere des Professionnels Fonds d investissement inc. trimmed its holdings in shares of Franklin FTSE India ETF (NYSEARCA:FLIN – Free Report) by 22.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 127,661 shares of the company’s stock after selling 37,339 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.’s holdings in Franklin FTSE India ETF were worth $4,703,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in FLIN. Steward Partners Investment Advisory LLC raised its stake in Franklin FTSE India ETF by 2,876.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 17,856 shares of the company’s stock valued at $677,000 after purchasing an additional 17,256 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Franklin FTSE India ETF in the fourth quarter worth about $8,794,000. Rialto Wealth Management LLC acquired a new position in Franklin FTSE India ETF during the fourth quarter worth about $27,000. EPIQ Capital Group LLC acquired a new position in Franklin FTSE India ETF during the fourth quarter worth about $313,000. Finally, HighTower Advisors LLC grew its stake in Franklin FTSE India ETF by 18.5% during the 4th quarter. HighTower Advisors LLC now owns 9,274 shares of the company’s stock valued at $351,000 after acquiring an additional 1,450 shares in the last quarter.
Franklin FTSE India ETF Stock Performance
FLIN stock opened at $39.87 on Friday. The company has a market cap of $2.43 billion, a price-to-earnings ratio of 22.46 and a beta of 0.67. The firm has a 50-day moving average of $38.92 and a two-hundred day moving average of $37.30. Franklin FTSE India ETF has a 12 month low of $33.86 and a 12 month high of $42.49.
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.
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