Franklin FTSE India ETF (NYSEARCA:FLIN) Stake Raised by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. boosted its holdings in Franklin FTSE India ETF (NYSEARCA:FLIN) by 6.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,719 shares of the company’s stock after acquiring an additional 1,819 shares during the quarter. Avantax Advisory Services Inc. owned about 0.10% of Franklin FTSE India ETF worth $1,088,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Atomi Financial Group Inc. acquired a new stake in Franklin FTSE India ETF during the 4th quarter worth about $234,000. Principal Financial Group Inc. raised its holdings in Franklin FTSE India ETF by 211.9% during the 3rd quarter. Principal Financial Group Inc. now owns 213,051 shares of the company’s stock worth $8,927,000 after buying an additional 144,743 shares during the period. Steward Partners Investment Advisory LLC raised its holdings in Franklin FTSE India ETF by 2,876.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 17,856 shares of the company’s stock worth $677,000 after buying an additional 17,256 shares during the period. Oppenheimer & Co. Inc. raised its holdings in Franklin FTSE India ETF by 39.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 10,921 shares of the company’s stock worth $458,000 after buying an additional 3,097 shares during the period. Finally, Altman Advisors Inc. acquired a new stake in Franklin FTSE India ETF during the 3rd quarter worth about $2,802,000.

Franklin FTSE India ETF Price Performance

NYSEARCA:FLIN opened at $36.14 on Thursday. Franklin FTSE India ETF has a fifty-two week low of $33.86 and a fifty-two week high of $42.49. The stock’s 50-day moving average is $35.76 and its two-hundred day moving average is $38.42. The stock has a market cap of $1.68 billion, a PE ratio of 22.67 and a beta of 0.75.

Franklin FTSE India ETF Company 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.