OLD National Bancorp IN Buys 519,754 Shares of Franklin FTSE India ETF $FLIN

OLD National Bancorp IN raised its stake in Franklin FTSE India ETF (NYSEARCA:FLIN) by 446.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 636,044 shares of the company’s stock after buying an additional 519,754 shares during the quarter. OLD National Bancorp IN owned about 1.04% of Franklin FTSE India ETF worth $25,334,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of FLIN. Goldman Sachs Group Inc. bought a new position in Franklin FTSE India ETF in the first quarter valued at approximately $9,348,000. Family Investment Center Inc. lifted its stake in Franklin FTSE India ETF by 718.0% in the first quarter. Family Investment Center Inc. now owns 273,641 shares of the company’s stock valued at $10,081,000 after buying an additional 240,188 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Franklin FTSE India ETF in the first quarter valued at approximately $5,386,000. Kovitz Investment Group Partners LLC acquired a new stake in shares of Franklin FTSE India ETF in the first quarter valued at approximately $5,285,000. Finally, Principal Financial Group Inc. raised its holdings in shares of Franklin FTSE India ETF by 30.4% in the first quarter. Principal Financial Group Inc. now owns 531,220 shares of the company’s stock valued at $19,570,000 after purchasing an additional 123,824 shares during the last quarter.

Franklin FTSE India ETF Stock Up 0.2%

NYSEARCA FLIN opened at $37.54 on Friday. Franklin FTSE India ETF has a 12-month low of $33.86 and a 12-month high of $41.10. The company has a market capitalization of $2.43 billion, a PE ratio of 22.46 and a beta of 0.67. The firm’s 50 day moving average is $37.89 and its 200-day moving average is $38.16.

Franklin FTSE India ETF 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.