International Assets Investment Management LLC Invests $4 Million in Franklin FTSE India ETF (NYSEARCA:FLIN)

International Assets Investment Management LLC purchased a new position in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) in the 4th quarter, Holdings Channel.com reports. The firm purchased 114,755 shares of the company’s stock, valued at approximately $4,003,000.

Several other large investors have also modified their holdings of the stock. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Franklin FTSE India ETF during the fourth quarter worth approximately $2,391,000. Raymond James & Associates purchased a new stake in shares of Franklin FTSE India ETF during the fourth quarter worth approximately $4,781,000. Financiere des Professionnels Fonds d investissement inc. purchased a new position in shares of Franklin FTSE India ETF during the 4th quarter worth approximately $5,755,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Franklin FTSE India ETF in the 4th quarter valued at approximately $350,000. Finally, Whittier Trust Co. acquired a new stake in shares of Franklin FTSE India ETF in the 4th quarter valued at approximately $274,000.

Franklin FTSE India ETF Price Performance

FLIN opened at $37.18 on Thursday. The business has a 50 day simple moving average of $36.97 and a 200-day simple moving average of $35.16. The stock has a market capitalization of $1.02 billion, a P/E ratio of 27.54 and a beta of 0.52. Franklin FTSE India ETF has a 12 month low of $28.57 and a 12 month high of $38.06.

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.