Sentinel Trust Co. LBA Purchases Shares of 60,000 Franklin FTSE India ETF $FLIN

Sentinel Trust Co. LBA purchased a new stake in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 60,000 shares of the company’s stock, valued at approximately $1,993,000. Sentinel Trust Co. LBA owned approximately 0.08% of Franklin FTSE India ETF as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. 3EDGE Asset Management LP acquired a new stake in shares of Franklin FTSE India ETF in the fourth quarter valued at $29,642,000. Axis Capital Holdings Ltd. acquired a new position in Franklin FTSE India ETF during the fourth quarter worth about $14,617,000. Susquehanna International Group LLP bought a new stake in Franklin FTSE India ETF in the third quarter worth about $10,489,000. Goldman Sachs Group Inc. bought a new stake in Franklin FTSE India ETF in the first quarter worth about $9,348,000. Finally, Bank of America Corp DE lifted its holdings in Franklin FTSE India ETF by 115.0% in the 2nd 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

NYSEARCA:FLIN opened at $35.14 on Monday. Franklin FTSE India ETF has a twelve month low of $32.20 and a twelve month high of $39.85. The company has a 50-day moving average of $34.91 and a 200-day moving average of $35.76. The firm has a market cap of $2.74 billion, a price-to-earnings ratio of 22.46 and a beta of 0.47.

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.