Flow Traders U.S. LLC Makes New Investment in Franklin FTSE India ETF $FLIN

Flow Traders U.S. LLC acquired a new stake in Franklin FTSE India ETF (NYSEARCA:FLIN) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 126,078 shares of the company’s stock, valued at approximately $4,701,000.

A number of other institutional investors have also recently made changes to their positions in FLIN. Investment Management Corp of Ontario grew its holdings in shares of Franklin FTSE India ETF by 220.3% in the second quarter. Investment Management Corp of Ontario now owns 1,563,681 shares of the company’s stock worth $62,281,000 after purchasing an additional 1,075,500 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Franklin FTSE India ETF in the first quarter worth $9,348,000. Principal Financial Group Inc. raised its holdings in Franklin FTSE India ETF by 30.7% during the 3rd quarter. Principal Financial Group Inc. now owns 898,218 shares of the company’s stock valued at $33,495,000 after buying an additional 210,899 shares during the last quarter. AGF Management Ltd. boosted its position in Franklin FTSE India ETF by 16.9% during the 3rd quarter. AGF Management Ltd. now owns 1,197,347 shares of the company’s stock valued at $44,649,000 after buying an additional 172,979 shares during the period. Finally, Bank of America Corp DE boosted its position in Franklin FTSE India ETF by 115.0% during the 2nd quarter. Bank of America Corp DE now owns 284,146 shares of the company’s stock valued at $11,318,000 after buying an additional 151,964 shares during the period.

Franklin FTSE India ETF Stock Down 1.2%

Shares of Franklin FTSE India ETF stock opened at $34.23 on Monday. The company’s fifty day simple moving average is $37.26 and its two-hundred day simple moving average is $38.01. Franklin FTSE India ETF has a 12-month low of $34.17 and a 12-month high of $40.08. The firm has a market cap of $2.62 billion, a PE ratio of 22.46 and a beta of 0.46.

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.