Sentinel Trust Co. LBA Invests $1.99 Million in Franklin FTSE India ETF $FLIN

Sentinel Trust Co. LBA bought a new position in Franklin FTSE India ETF (NYSEARCA:FLIN) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 60,000 shares of the company’s stock, valued at approximately $1,993,000.

A number of other hedge funds have also modified their holdings of the stock. Advocate Investing Services LLC acquired a new stake in shares of Franklin FTSE India ETF during the fourth quarter worth $25,000. Eagle Bay Advisors LLC acquired a new position in shares of Franklin FTSE India ETF in the 4th quarter valued at $26,000. Ankerstar Wealth LLC acquired a new position in shares of Franklin FTSE India ETF in the 4th quarter valued at $31,000. Dunhill Financial LLC purchased a new position in Franklin FTSE India ETF in the 4th quarter worth about $34,000. Finally, Park Square Financial Group LLC purchased a new position in Franklin FTSE India ETF in the 4th quarter worth about $36,000.

Franklin FTSE India ETF Stock Performance

NYSEARCA FLIN opened at $35.14 on Monday. The stock’s 50-day moving average price is $34.91 and its two-hundred day moving average price is $35.76. The company has a market cap of $2.74 billion, a PE ratio of 22.46 and a beta of 0.47. Franklin FTSE India ETF has a 1 year low of $32.20 and a 1 year high of $39.85.

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.