Rialto Wealth Management LLC Takes Position in Franklin FTSE India ETF (NYSEARCA:FLIN)

Rialto Wealth Management LLC acquired a new position in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 700 shares of the company’s stock, valued at approximately $27,000.

Several other large investors have also made changes to their positions in the company. Shoker Investment Counsel Inc. increased its stake in Franklin FTSE India ETF by 0.3% during the fourth quarter. Shoker Investment Counsel Inc. now owns 95,876 shares of the company’s stock worth $3,634,000 after acquiring an additional 317 shares during the last quarter. Heck Capital Advisors LLC acquired a new stake in Franklin FTSE India ETF during the 4th quarter worth approximately $62,000. Oak Family Advisors LLC increased its position in Franklin FTSE India ETF by 14.9% during the 4th quarter. Oak Family Advisors LLC now owns 15,069 shares of the company’s stock worth $571,000 after purchasing an additional 1,952 shares in the last quarter. US Bancorp DE raised its holdings in Franklin FTSE India ETF by 36.5% in the third quarter. US Bancorp DE now owns 7,479 shares of the company’s stock valued at $313,000 after buying an additional 2,000 shares during the period. Finally, Avid Wealth Partners LLC lifted its position in Franklin FTSE India ETF by 45.5% during the fourth quarter. Avid Wealth Partners LLC now owns 7,130 shares of the company’s stock valued at $270,000 after buying an additional 2,230 shares in the last quarter.

Franklin FTSE India ETF Stock Up 0.4 %

Franklin FTSE India ETF stock opened at $35.05 on Monday. The firm has a fifty day moving average of $36.21 and a 200-day moving average of $38.74. Franklin FTSE India ETF has a 52-week low of $33.86 and a 52-week high of $42.49. The firm has a market capitalization of $1.63 billion, a P/E ratio of 22.67 and a beta of 0.75.

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.