Principal Financial Group Inc. Boosts Stock Holdings in Franklin FTSE India ETF (NYSEARCA:FLIN)

Principal Financial Group Inc. grew its position in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 415.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 68,308 shares of the company’s stock after buying an additional 55,060 shares during the quarter. Principal Financial Group Inc.’s holdings in Franklin FTSE India ETF were worth $2,723,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. KWB Wealth boosted its holdings in Franklin FTSE India ETF by 4.6% in the first quarter. KWB Wealth now owns 10,914 shares of the company’s stock worth $402,000 after purchasing an additional 480 shares during the last quarter. Trust Co. of Vermont boosted its holdings in Franklin FTSE India ETF by 30.4% in the second quarter. Trust Co. of Vermont now owns 2,699 shares of the company’s stock worth $108,000 after purchasing an additional 630 shares during the last quarter. Bogart Wealth LLC purchased a new stake in Franklin FTSE India ETF in the first quarter worth approximately $33,000. Park Place Capital Corp purchased a new stake in Franklin FTSE India ETF in the second quarter worth approximately $36,000. Finally, IAG Wealth Partners LLC purchased a new stake in Franklin FTSE India ETF in the second quarter worth approximately $45,000.

Franklin FTSE India ETF Trading Down 0.1 %

Shares of FLIN stock opened at $41.05 on Thursday. Franklin FTSE India ETF has a 12-month low of $30.41 and a 12-month high of $41.46. The firm’s 50 day moving average is $40.60 and its 200 day moving average is $38.74. The stock has a market capitalization of $1.13 billion, a P/E ratio of 27.54 and a beta of 0.52.

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.