IHT Wealth Management LLC Has $4.10 Million Holdings in Franklin FTSE India ETF (NYSEARCA:FLIN)

IHT Wealth Management LLC lowered its stake in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 33.6% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 97,822 shares of the company’s stock after selling 49,586 shares during the period. IHT Wealth Management LLC owned approximately 0.36% of Franklin FTSE India ETF worth $4,099,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Arizona PSPRS Trust bought a new position in shares of Franklin FTSE India ETF during the third quarter valued at about $457,000. Benjamin Edwards Inc. bought a new position in shares of Franklin FTSE India ETF during the 3rd quarter worth approximately $394,000. Flow Traders U.S. LLC lifted its position in shares of Franklin FTSE India ETF by 678.7% during the 3rd quarter. Flow Traders U.S. LLC now owns 208,901 shares of the company’s stock worth $8,753,000 after buying an additional 182,075 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Franklin FTSE India ETF by 15.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 17,904 shares of the company’s stock worth $750,000 after buying an additional 2,400 shares during the last quarter. Finally, Ativo Capital Management LLC bought a new position in shares of Franklin FTSE India ETF in the third quarter valued at approximately $17,377,000.

Franklin FTSE India ETF Stock Performance

NYSEARCA FLIN opened at $39.52 on Wednesday. The company has a market capitalization of $1.09 billion, a PE ratio of 27.54 and a beta of 0.52. Franklin FTSE India ETF has a 52-week low of $33.50 and a 52-week high of $42.49. The company has a 50-day simple moving average of $39.92 and a 200 day simple moving average of $40.06.

About Franklin FTSE India ETF

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.