Main Management ETF Advisors LLC Has $8.13 Million Stock Position in Franklin FTSE India ETF (NYSEARCA:FLIN)

Main Management ETF Advisors LLC boosted its holdings in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 20.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 203,970 shares of the company’s stock after acquiring an additional 34,680 shares during the quarter. Franklin FTSE India ETF accounts for about 0.4% of Main Management ETF Advisors LLC’s investment portfolio, making the stock its 27th largest holding. Main Management ETF Advisors LLC’s holdings in Franklin FTSE India ETF were worth $8,130,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Principal Financial Group Inc. acquired a new stake in shares of Franklin FTSE India ETF during the 4th quarter valued at $343,000. UBS Group AG boosted its position in Franklin FTSE India ETF by 0.5% during the fourth quarter. UBS Group AG now owns 264,389 shares of the company’s stock valued at $9,222,000 after purchasing an additional 1,303 shares during the last quarter. Avestar Capital LLC purchased a new position in Franklin FTSE India ETF in the fourth quarter valued at about $200,000. Basso Capital Management L.P. acquired a new position in Franklin FTSE India ETF in the 4th quarter worth about $523,000. Finally, RFG Holdings Inc. purchased a new stake in shares of Franklin FTSE India ETF during the 1st quarter worth about $2,591,000.

Franklin FTSE India ETF Price Performance

Shares of Franklin FTSE India ETF stock opened at $42.25 on Friday. The stock has a 50-day simple moving average of $40.84 and a 200-day simple moving average of $39.10. Franklin FTSE India ETF has a 52-week low of $30.41 and a 52-week high of $42.49. The firm has a market cap of $1.16 billion, 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.