Ativo Capital Management LLC Reduces Holdings in Franklin FTSE India ETF $FLIN

Ativo Capital Management LLC decreased its position in Franklin FTSE India ETF (NYSEARCA:FLIN) by 41.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 192,310 shares of the company’s stock after selling 134,120 shares during the period. Franklin FTSE India ETF accounts for about 6.8% of Ativo Capital Management LLC’s investment portfolio, making the stock its 2nd biggest position. Ativo Capital Management LLC owned approximately 0.31% of Franklin FTSE India ETF worth $7,660,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. IFP Advisors Inc boosted its holdings in shares of Franklin FTSE India ETF by 7.0% in the second quarter. IFP Advisors Inc now owns 23,282 shares of the company’s stock valued at $927,000 after purchasing an additional 1,513 shares during the period. Edge Financial Advisors LLC lifted its holdings in shares of Franklin FTSE India ETF by 36.1% in the 2nd quarter. Edge Financial Advisors LLC now owns 17,125 shares of the company’s stock worth $683,000 after buying an additional 4,546 shares during the period. OLD National Bancorp IN lifted its holdings in shares of Franklin FTSE India ETF by 446.9% in the 2nd quarter. OLD National Bancorp IN now owns 636,044 shares of the company’s stock worth $25,334,000 after buying an additional 519,754 shares during the period. Ameritas Advisory Services LLC purchased a new stake in shares of Franklin FTSE India ETF in the 2nd quarter worth $61,000. Finally, River Street Advisors LLC lifted its stake in Franklin FTSE India ETF by 42.1% in the second quarter. River Street Advisors LLC now owns 150,280 shares of the company’s stock worth $5,986,000 after acquiring an additional 44,540 shares during the period.

Franklin FTSE India ETF Price Performance

NYSEARCA:FLIN opened at $37.97 on Tuesday. Franklin FTSE India ETF has a 1-year low of $33.86 and a 1-year high of $41.00. The company has a 50-day moving average of $37.89 and a 200 day moving average of $38.22. The firm has a market cap of $2.46 billion, a PE ratio of 22.46 and a beta of 0.67.

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.