Franklin FTSE India ETF (NYSEARCA:FLIN – Get Free Report)’s stock price fell 0.1% on Monday . The stock traded as low as $32.11 and last traded at $32.23. 33,211 shares were traded during mid-day trading, a decline of 57% from the average session volume of 76,549 shares. The stock had previously closed at $32.27.
Franklin FTSE India ETF Price Performance
The firm has a 50 day simple moving average of $31.52 and a two-hundred day simple moving average of $29.80. The stock has a market cap of $338.42 million, a price-to-earnings ratio of 22.98 and a beta of 0.67.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the company. UBS Group AG bought a new position in Franklin FTSE India ETF in the first quarter valued at approximately $51,000. Advisor Group Holdings Inc. grew its stake in Franklin FTSE India ETF by 37.2% in the first quarter. Advisor Group Holdings Inc. now owns 5,006 shares of the company’s stock valued at $156,000 after purchasing an additional 1,358 shares in the last quarter. Franklin Resources Inc. bought a new position in Franklin FTSE India ETF in the first quarter valued at approximately $193,000. OLD Mission Capital LLC bought a new position in Franklin FTSE India ETF in the first quarter valued at approximately $205,000. Finally, IHT Wealth Management LLC bought a new position in Franklin FTSE India ETF in the second quarter valued at approximately $236,000.
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.
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