Farther Finance Advisors LLC Sells 3,927 Shares of Franklin FTSE India ETF (NYSEARCA:FLIN)

Farther Finance Advisors LLC decreased its stake in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 50.1% during the fourth quarter, HoldingsChannel reports. The firm owned 3,904 shares of the company’s stock after selling 3,927 shares during the quarter. Farther Finance Advisors LLC’s holdings in Franklin FTSE India ETF were worth $148,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Migdal Insurance & Financial Holdings Ltd. boosted its stake in shares of Franklin FTSE India ETF by 45.3% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,795,490 shares of the company’s stock valued at $68,041,000 after purchasing an additional 560,000 shares in the last quarter. Ativo Capital Management LLC bought a new stake in shares of Franklin FTSE India ETF during the 3rd quarter valued at about $17,377,000. Principal Financial Group Inc. boosted its stake in shares of Franklin FTSE India ETF by 91.2% during the 4th quarter. Principal Financial Group Inc. now owns 407,396 shares of the company’s stock valued at $15,440,000 after purchasing an additional 194,345 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of Franklin FTSE India ETF by 172.0% during the 3rd quarter. Franklin Resources Inc. now owns 266,515 shares of the company’s stock valued at $10,919,000 after purchasing an additional 168,525 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Franklin FTSE India ETF during the 4th quarter valued at about $8,794,000.

Franklin FTSE India ETF Trading Up 0.4 %

Shares of FLIN opened at $36.28 on Friday. Franklin FTSE India ETF has a 1-year low of $33.86 and a 1-year high of $42.49. The firm has a market capitalization of $1.68 billion, a price-to-earnings ratio of 23.47 and a beta of 0.75. The firm’s 50-day moving average price is $35.73 and its 200-day moving average price is $38.41.

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.