KWB Wealth Raises Stock Holdings in Franklin FTSE India ETF (NYSEARCA:FLIN)

KWB Wealth increased its position in Franklin FTSE India ETF (NYSEARCA:FLIN) by 4.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,914 shares of the company’s stock after purchasing an additional 480 shares during the period. KWB Wealth owned 0.10% of Franklin FTSE India ETF worth $402,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FLIN. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Franklin FTSE India ETF in the fourth quarter worth $97,193,000. UBS Group AG grew its stake in shares of Franklin FTSE India ETF by 0.5% in the fourth quarter. UBS Group AG now owns 264,389 shares of the company’s stock worth $9,222,000 after acquiring an additional 1,303 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. purchased a new stake in shares of Franklin FTSE India ETF in the fourth quarter worth $5,755,000. Raymond James & Associates purchased a new stake in shares of Franklin FTSE India ETF in the fourth quarter worth $4,781,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Franklin FTSE India ETF in the fourth quarter worth $4,003,000.

Franklin FTSE India ETF Stock Up 0.5 %

Shares of NYSEARCA FLIN traded up $0.22 during trading on Thursday, reaching $40.46. The company had a trading volume of 70,770 shares, compared to its average volume of 293,088. Franklin FTSE India ETF has a 12-month low of $30.41 and a 12-month high of $40.49. The stock has a market cap of $1.11 billion, a PE ratio of 27.54 and a beta of 0.52. The business’s 50-day moving average is $38.61 and its 200 day moving average is $36.98.

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.