Letko Brosseau & Associates Inc. Grows Stake in Franklin FTSE India ETF $FLIN

Letko Brosseau & Associates Inc. increased its stake in Franklin FTSE India ETF (NYSEARCA:FLIN) by 30.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 20,975 shares of the company’s stock after purchasing an additional 4,875 shares during the quarter. Letko Brosseau & Associates Inc.’s holdings in Franklin FTSE India ETF were worth $835,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of FLIN. Ameritas Advisory Services LLC purchased a new position in shares of Franklin FTSE India ETF during the 2nd quarter valued at $61,000. Trust Co. of Vermont boosted its position in Franklin FTSE India ETF by 26.9% during the second 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. National Bank of Canada FI increased its stake in shares of Franklin FTSE India ETF by 216.6% in the first quarter. National Bank of Canada FI now owns 4,261 shares of the company’s stock worth $157,000 after purchasing an additional 2,915 shares in the last quarter. Lynx Investment Advisory bought a new stake in shares of Franklin FTSE India ETF in the second quarter valued at approximately $205,000. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Franklin FTSE India ETF by 44.4% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 5,200 shares of the company’s stock valued at $207,000 after buying an additional 1,600 shares in the last quarter.

Franklin FTSE India ETF Trading Up 0.7%

FLIN opened at $39.08 on Friday. Franklin FTSE India ETF has a 12 month low of $33.86 and a 12 month high of $40.08. The company has a market cap of $2.60 billion, a PE ratio of 22.46 and a beta of 0.46. The company has a 50 day moving average of $38.42 and a 200 day moving average of $38.57.

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.