River Street Advisors LLC Raises Stake in Franklin FTSE India ETF (NYSEARCA:FLIN)

River Street Advisors LLC boosted its holdings in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 3.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 81,590 shares of the company’s stock after buying an additional 3,003 shares during the quarter. Franklin FTSE India ETF accounts for about 1.9% of River Street Advisors LLC’s portfolio, making the stock its 14th largest holding. River Street Advisors LLC owned about 0.30% of Franklin FTSE India ETF worth $3,419,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Park Place Capital Corp acquired a new stake in Franklin FTSE India ETF during the second quarter valued at $36,000. M&R Capital Management Inc. lifted its position in shares of Franklin FTSE India ETF by 76.0% in the third quarter. M&R Capital Management Inc. now owns 1,091 shares of the company’s stock valued at $46,000 after acquiring an additional 471 shares in the last quarter. IAG Wealth Partners LLC purchased a new stake in shares of Franklin FTSE India ETF during the second quarter worth approximately $45,000. CWM LLC acquired a new position in Franklin FTSE India ETF in the 3rd quarter valued at $86,000. Finally, Trust Co. of Vermont lifted its holdings in Franklin FTSE India ETF by 30.4% in the 2nd quarter. Trust Co. of Vermont now owns 2,699 shares of the company’s stock valued at $108,000 after purchasing an additional 630 shares in the last quarter.

Franklin FTSE India ETF Price Performance

NYSEARCA FLIN traded down $0.34 during trading hours on Friday, hitting $37.99. 150,367 shares of the company’s stock traded hands, compared to its average volume of 313,053. The firm’s 50-day moving average is $40.49 and its 200-day moving average is $39.90. Franklin FTSE India ETF has a 52-week low of $32.13 and a 52-week high of $42.49. The company has a market capitalization of $1.05 billion, a PE ratio of 27.54 and a beta of 0.52.

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.