River Street Advisors LLC Has $5.99 Million Stock Position in Franklin FTSE India ETF $FLIN

River Street Advisors LLC boosted its holdings in Franklin FTSE India ETF (NYSEARCA:FLIN) by 42.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 150,280 shares of the company’s stock after purchasing an additional 44,540 shares during the quarter. Franklin FTSE India ETF makes up approximately 2.6% of River Street Advisors LLC’s portfolio, making the stock its 8th largest holding. River Street Advisors LLC’s holdings in Franklin FTSE India ETF were worth $5,986,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Creative Financial Designs Inc. ADV boosted its stake in Franklin FTSE India ETF by 0.5% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 62,418 shares of the company’s stock worth $2,299,000 after purchasing an additional 294 shares during the period. Comprehensive Money Management Services LLC boosted its stake in Franklin FTSE India ETF by 4.1% in the 1st quarter. Comprehensive Money Management Services LLC now owns 9,620 shares of the company’s stock worth $354,000 after purchasing an additional 375 shares during the period. Kestra Private Wealth Services LLC boosted its stake in Franklin FTSE India ETF by 4.1% in the 1st quarter. Kestra Private Wealth Services LLC now owns 11,318 shares of the company’s stock worth $417,000 after purchasing an additional 449 shares during the period. GS Investments Inc. boosted its stake in Franklin FTSE India ETF by 5.9% in the 1st quarter. GS Investments Inc. now owns 8,085 shares of the company’s stock worth $298,000 after purchasing an additional 450 shares during the period. Finally, Trust Co. of Vermont boosted its stake in Franklin FTSE India ETF by 26.9% in the 2nd quarter. Trust Co. of Vermont now owns 2,625 shares of the company’s stock worth $105,000 after purchasing an additional 556 shares during the period.

Franklin FTSE India ETF Price Performance

FLIN stock opened at $37.47 on Friday. Franklin FTSE India ETF has a 1-year low of $33.86 and a 1-year high of $41.29. The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of 22.46 and a beta of 0.67. The business has a 50 day simple moving average of $37.91 and a two-hundred day simple moving average of $38.14.

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.