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

New York Life Investment Management LLC lowered its stake in Franklin FTSE India ETF (NYSEARCA:FLIN) by 18.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 301,524 shares of the company’s stock after selling 68,750 shares during the period. New York Life Investment Management LLC’s holdings in Franklin FTSE India ETF were worth $11,636,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Eagle Bay Advisors LLC acquired a new position in shares of Franklin FTSE India ETF during the 4th quarter worth approximately $26,000. Dunhill Financial LLC acquired a new position in shares of Franklin FTSE India ETF during the 4th quarter worth approximately $34,000. International Assets Investment Management LLC acquired a new position in shares of Franklin FTSE India ETF during the 4th quarter worth approximately $52,000. TD Waterhouse Canada Inc. grew its position in shares of Franklin FTSE India ETF by 464.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 2,906 shares of the company’s stock worth $112,000 after purchasing an additional 2,391 shares in the last quarter. Finally, National Bank of Canada FI grew its position in shares of Franklin FTSE India ETF by 4.8% during the 3rd quarter. National Bank of Canada FI now owns 5,827 shares of the company’s stock worth $217,000 after purchasing an additional 268 shares in the last quarter.

Franklin FTSE India ETF Stock Down 0.9%

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 12-month low of $32.20 and a 12-month high of $40.08. The firm has a market cap of $2.49 billion, a PE ratio of 22.46 and a beta of 0.48.

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.