Franklin FTSE India ETF (NYSEARCA:FLIN) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC reduced its stake in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 28.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 70,409 shares of the company’s stock after selling 28,543 shares during the period. Private Advisor Group LLC’s holdings in Franklin FTSE India ETF were worth $2,669,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Creative Planning raised its stake in shares of Franklin FTSE India ETF by 7.4% during the third quarter. Creative Planning now owns 19,824 shares of the company’s stock valued at $831,000 after purchasing an additional 1,362 shares during the period. US Bancorp DE increased its stake in Franklin FTSE India ETF by 36.5% during the 3rd quarter. US Bancorp DE now owns 7,479 shares of the company’s stock worth $313,000 after buying an additional 2,000 shares during the period. Creative Financial Designs Inc. ADV increased its stake in Franklin FTSE India ETF by 2.4% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 58,864 shares of the company’s stock worth $2,466,000 after buying an additional 1,406 shares during the period. 1834 Investment Advisors Co. acquired a new position in Franklin FTSE India ETF in the 3rd quarter worth $226,000. Finally, Principal Financial Group Inc. boosted its position in Franklin FTSE India ETF by 211.9% in the 3rd quarter. Principal Financial Group Inc. now owns 213,051 shares of the company’s stock valued at $8,927,000 after buying an additional 144,743 shares during the last quarter.

Franklin FTSE India ETF Stock Performance

Shares of NYSEARCA FLIN opened at $35.07 on Tuesday. Franklin FTSE India ETF has a 1 year low of $34.97 and a 1 year high of $42.49. The stock’s 50-day simple moving average is $36.91 and its 200-day simple moving average is $39.10. The firm has a market cap of $966.18 million, a price-to-earnings ratio of 27.54 and a beta of 0.52.

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.