Hsbc Holdings PLC acquired a new stake in shares of Franklin FTSE India ETF (NYSEARCA:FLIN – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 63,571 shares of the company’s stock, valued at approximately $2,112,000. Hsbc Holdings PLC owned 0.09% of Franklin FTSE India ETF as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 3EDGE Asset Management LP purchased a new stake in Franklin FTSE India ETF during the 4th quarter valued at $29,642,000. Axis Capital Holdings Ltd. purchased a new position in shares of Franklin FTSE India ETF in the 4th quarter worth $14,617,000. Susquehanna International Group LLP bought a new stake in shares of Franklin FTSE India ETF in the third quarter worth $10,489,000. Goldman Sachs Group Inc. bought a new stake in shares of Franklin FTSE India ETF in the first quarter worth $9,348,000. Finally, Bank of America Corp DE increased its position in Franklin FTSE India ETF by 115.0% during the second quarter. Bank of America Corp DE now owns 284,146 shares of the company’s stock valued at $11,318,000 after acquiring an additional 151,964 shares during the last quarter.
Franklin FTSE India ETF Stock Performance
FLIN stock opened at $34.51 on Monday. Franklin FTSE India ETF has a fifty-two week low of $32.20 and a fifty-two week high of $39.85. The business’s 50-day moving average is $34.92 and its two-hundred day moving average is $35.62. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 22.46 and a beta of 0.47.
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.
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