Vontobel Holding Ltd. bought a new stake in Franklin FTSE India ETF (NYSEARCA:FLIN – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 5,100 shares of the company’s stock, valued at approximately $214,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. BNP Paribas Financial Markets purchased a new stake in Franklin FTSE India ETF during the first quarter valued at approximately $265,000. National Bank of Canada FI increased its position in shares of Franklin FTSE India ETF by 2.7% during the 2nd quarter. National Bank of Canada FI now owns 21,489 shares of the company’s stock valued at $860,000 after purchasing an additional 556 shares during the last quarter. Park Place Capital Corp purchased a new stake in Franklin FTSE India ETF during the 2nd quarter valued at $36,000. Oppenheimer & Co. Inc. bought a new stake in Franklin FTSE India ETF in the first quarter worth $318,000. Finally, Commonwealth Equity Services LLC boosted its stake in Franklin FTSE India ETF by 34.1% during the second quarter. Commonwealth Equity Services LLC now owns 44,890 shares of the company’s stock worth $1,789,000 after buying an additional 11,425 shares during the period.
Franklin FTSE India ETF Stock Down 0.3 %
FLIN stock opened at $39.72 on Thursday. The firm’s fifty day simple moving average is $41.11 and its two-hundred day simple moving average is $39.70. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 27.54 and a beta of 0.52. Franklin FTSE India ETF has a twelve month low of $30.41 and a twelve month high of $42.49.
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.
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