New York Life Investment Management LLC Has $11.64 Million Stake in Franklin FTSE India ETF $FLIN

New York Life Investment Management LLC decreased its position in Franklin FTSE India ETF (NYSEARCA:FLIN) by 18.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 301,524 shares of the company’s stock after selling 68,750 shares during the quarter. New York Life Investment Management LLC owned 0.39% of Franklin FTSE India ETF worth $11,636,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. OLD National Bancorp IN lifted its position in Franklin FTSE India ETF by 8.0% during the 4th quarter. OLD National Bancorp IN now owns 747,647 shares of the company’s stock worth $28,852,000 after buying an additional 55,523 shares in the last quarter. Axis Capital Holdings Ltd. bought a new stake in Franklin FTSE India ETF during the 4th quarter worth about $14,617,000. RWA Wealth Partners LLC bought a new stake in Franklin FTSE India ETF during the 3rd quarter worth about $1,845,000. Principal Financial Group Inc. lifted its position in Franklin FTSE India ETF by 30.7% during the 3rd quarter. Principal Financial Group Inc. now owns 898,218 shares of the company’s stock worth $33,495,000 after buying an additional 210,899 shares in the last quarter. Finally, AGF Management Ltd. lifted its position in Franklin FTSE India ETF by 16.9% during the 3rd quarter. AGF Management Ltd. now owns 1,197,347 shares of the company’s stock worth $44,649,000 after buying an additional 172,979 shares in the last quarter.

Franklin FTSE India ETF Price Performance

Shares of NYSEARCA:FLIN opened at $34.43 on Friday. The company’s 50-day moving average price is $34.68 and its two-hundred day moving average price is $36.96. Franklin FTSE India ETF has a one year low of $32.20 and a one year high of $40.08. The stock has a market capitalization of $2.49 billion, a PE ratio of 22.46 and a beta of 0.48.

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.