Main Management ETF Advisors LLC Increases Holdings in Franklin FTSE India ETF (NYSEARCA:FLIN)

Main Management ETF Advisors LLC grew its holdings in Franklin FTSE India ETF (NYSEARCA:FLIN) by 0.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 223,200 shares of the company’s stock after acquiring an additional 1,350 shares during the quarter. Franklin FTSE India ETF comprises 0.4% of Main Management ETF Advisors LLC’s investment portfolio, making the stock its 18th biggest holding. Main Management ETF Advisors LLC owned about 0.81% of Franklin FTSE India ETF worth $8,459,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Shoker Investment Counsel Inc. lifted its holdings in shares of Franklin FTSE India ETF by 0.3% in the 4th quarter. Shoker Investment Counsel Inc. now owns 95,876 shares of the company’s stock valued at $3,634,000 after purchasing an additional 317 shares during the last quarter. Huntington National Bank increased its position in Franklin FTSE India ETF by 9.3% during the fourth quarter. Huntington National Bank now owns 7,150 shares of the company’s stock worth $271,000 after buying an additional 607 shares during the period. Rialto Wealth Management LLC purchased a new stake in Franklin FTSE India ETF in the fourth quarter valued at approximately $27,000. Integrity Financial Corp WA acquired a new stake in shares of Franklin FTSE India ETF in the fourth quarter valued at approximately $30,000. Finally, CoreCap Advisors LLC purchased a new position in shares of Franklin FTSE India ETF during the fourth quarter worth approximately $39,000.

Franklin FTSE India ETF Price Performance

Shares of Franklin FTSE India ETF stock opened at $38.75 on Wednesday. The firm’s fifty day simple moving average is $36.80 and its 200-day simple moving average is $37.32. Franklin FTSE India ETF has a 12 month low of $33.86 and a 12 month high of $42.49. The stock has a market capitalization of $1.99 billion, a price-to-earnings ratio of 23.02 and a beta of 0.53.

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.