Franklin FTSE India ETF (NYSEARCA:FLIN) Shares Sold by JBR Co Financial Management Inc

JBR Co Financial Management Inc trimmed its stake in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 19.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,772 shares of the company’s stock after selling 4,214 shares during the period. JBR Co Financial Management Inc owned about 0.06% of Franklin FTSE India ETF worth $674,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FLIN. Migdal Insurance & Financial Holdings Ltd. grew its holdings in Franklin FTSE India ETF by 45.3% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,795,490 shares of the company’s stock worth $68,041,000 after acquiring an additional 560,000 shares during the period. Ativo Capital Management LLC purchased a new position in Franklin FTSE India ETF during the third quarter worth approximately $17,377,000. Principal Financial Group Inc. boosted its position in Franklin FTSE India ETF by 91.2% during the fourth quarter. Principal Financial Group Inc. now owns 407,396 shares of the company’s stock worth $15,440,000 after purchasing an additional 194,345 shares in the last quarter. Flow Traders U.S. LLC boosted its position in Franklin FTSE India ETF by 678.7% during the third quarter. Flow Traders U.S. LLC now owns 208,901 shares of the company’s stock worth $8,753,000 after purchasing an additional 182,075 shares in the last quarter. Finally, Franklin Resources Inc. boosted its position in Franklin FTSE India ETF by 172.0% during the third quarter. Franklin Resources Inc. now owns 266,515 shares of the company’s stock worth $10,919,000 after purchasing an additional 168,525 shares in the last quarter.

Franklin FTSE India ETF Trading Down 1.6 %

Shares of FLIN stock opened at $35.12 on Friday. The company has a market capitalization of $967.56 million, a P/E ratio of 27.54 and a beta of 0.52. The business’s 50 day moving average is $37.01 and its two-hundred day moving average is $39.14. Franklin FTSE India ETF has a 12-month low of $35.08 and a 12-month high of $42.49.

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.