Franklin FTSE India ETF (NYSEARCA:FLIN) Sets New 52-Week High at $42.16

Franklin FTSE India ETF (NYSEARCA:FLIN) hit a new 52-week high during trading on Friday . The company traded as high as $42.16 and last traded at $42.10, with a volume of 21612 shares changing hands. The stock had previously closed at $41.60.

Franklin FTSE India ETF Trading Up 1.0 %

The firm’s fifty day moving average price is $40.71 and its 200 day moving average price is $38.93. The firm has a market capitalization of $1.16 billion, a PE ratio of 27.54 and a beta of 0.52.

Institutional Trading of Franklin FTSE India ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. UBS Group AG grew its position in Franklin FTSE India ETF by 0.5% in the fourth quarter. UBS Group AG now owns 264,389 shares of the company’s stock worth $9,222,000 after acquiring an additional 1,303 shares during the period. BNP Paribas Financial Markets acquired a new position in Franklin FTSE India ETF in the first quarter valued at $265,000. Principal Financial Group Inc. purchased a new position in shares of Franklin FTSE India ETF during the fourth quarter worth approximately $343,000. National Bank of Canada FI boosted its stake in shares of Franklin FTSE India ETF by 2.7% during the second quarter. National Bank of Canada FI now owns 21,489 shares of the company’s stock worth $860,000 after buying an additional 556 shares during the period. Finally, Oppenheimer & Co. Inc. acquired a new position in shares of Franklin FTSE India ETF in the first quarter valued at approximately $318,000.

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.