Axis Capital Holdings Ltd. Purchases Shares of 378,788 Franklin FTSE India ETF $FLIN

Axis Capital Holdings Ltd. purchased a new stake in Franklin FTSE India ETF (NYSEARCA:FLIN) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 378,788 shares of the company’s stock, valued at approximately $14,617,000. Franklin FTSE India ETF comprises about 5.1% of Axis Capital Holdings Ltd.’s portfolio, making the stock its 2nd largest position. Axis Capital Holdings Ltd. owned 0.50% of Franklin FTSE India ETF at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FLIN. Eagle Bay Advisors LLC acquired a new position in Franklin FTSE India ETF in the 4th quarter valued at $26,000. TD Waterhouse Canada Inc. grew its stake in shares of Franklin FTSE India ETF by 464.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 2,906 shares of the company’s stock valued at $112,000 after buying an additional 2,391 shares during the period. National Bank of Canada FI grew its stake in shares of Franklin FTSE India ETF by 4.8% during the 3rd quarter. National Bank of Canada FI now owns 5,827 shares of the company’s stock valued at $217,000 after buying an additional 268 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Franklin FTSE India ETF by 555.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,837 shares of the company’s stock valued at $218,000 after buying an additional 4,947 shares during the period. Finally, Orion Porfolio Solutions LLC purchased a new stake in shares of Franklin FTSE India ETF during the 2nd quarter valued at $241,000.

Franklin FTSE India ETF Stock Down 1.1%

Shares of NYSEARCA FLIN opened at $35.30 on Friday. Franklin FTSE India ETF has a 52-week low of $32.20 and a 52-week high of $40.08. The firm has a fifty day moving average of $35.30 and a 200-day moving average of $37.30. The stock has a market capitalization of $2.56 billion, a PE ratio of 22.46 and a beta of 0.45.

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.