Franklin FTSE India ETF (NYSEARCA:FLIN – Get Free Report) shares saw strong trading volume on Monday . 913,191 shares were traded during trading, an increase of 121% from the previous session’s volume of 413,125 shares.The stock last traded at $38.19 and had previously closed at $38.46.
Franklin FTSE India ETF Price Performance
The stock has a market cap of $2.54 billion, a price-to-earnings ratio of 22.46 and a beta of 0.46. The business has a fifty day moving average of $38.76 and a 200 day moving average of $38.53.
Hedge Funds Weigh In On Franklin FTSE India ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bare Financial Services Inc grew its stake in Franklin FTSE India ETF by 314.9% in the 2nd quarter. Bare Financial Services Inc now owns 1,253 shares of the company’s stock valued at $50,000 after buying an additional 951 shares during the last quarter. VSM Wealth Advisory LLC bought a new position in Franklin FTSE India ETF in the 2nd quarter worth approximately $54,000. Ameritas Advisory Services LLC acquired a new position in shares of Franklin FTSE India ETF during the second quarter worth approximately $61,000. Cape Investment Advisory Inc. boosted its position in shares of Franklin FTSE India ETF by 23.4% in the second quarter. Cape Investment Advisory Inc. now owns 1,597 shares of the company’s stock valued at $64,000 after acquiring an additional 303 shares during the period. Finally, Trust Co. of Vermont increased its position in Franklin FTSE India ETF by 26.9% during the second quarter. Trust Co. of Vermont now owns 2,625 shares of the company’s stock worth $105,000 after acquiring an additional 556 shares during the period.
About Franklin FTSE India ETF
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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