Advisors Capital Management LLC Has $2 Million Stock Position in Franklin FTSE India ETF $FLIN

Advisors Capital Management LLC lifted its holdings in Franklin FTSE India ETF (NYSEARCA:FLIN) by 35.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,176 shares of the company’s stock after acquiring an additional 13,247 shares during the quarter. Advisors Capital Management LLC owned approximately 0.08% of Franklin FTSE India ETF worth $1,999,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of FLIN. OLD National Bancorp IN grew its stake in shares of Franklin FTSE India ETF by 446.9% during the second quarter. OLD National Bancorp IN now owns 636,044 shares of the company’s stock valued at $25,334,000 after purchasing an additional 519,754 shares during the last quarter. New York Life Investment Management LLC boosted its stake in shares of Franklin FTSE India ETF by 3,953.4% in the 2nd quarter. New York Life Investment Management LLC now owns 495,687 shares of the company’s stock valued at $19,743,000 after purchasing an additional 483,458 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Franklin FTSE India ETF during the 1st quarter worth approximately $9,348,000. Empowered Funds LLC acquired a new stake in shares of Franklin FTSE India ETF during the 1st quarter worth approximately $5,386,000. Finally, Kovitz Investment Group Partners LLC bought a new stake in shares of Franklin FTSE India ETF during the first quarter worth approximately $5,285,000.

Franklin FTSE India ETF Stock Up 0.7%

FLIN stock opened at $39.08 on Friday. The business’s fifty day moving average is $38.42 and its 200-day moving average is $38.57. The company has a market cap of $2.60 billion, a P/E ratio of 22.46 and a beta of 0.46. Franklin FTSE India ETF has a twelve month low of $33.86 and a twelve month high of $40.08.

Franklin FTSE India ETF Company 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.