Axiom Investors LLC DE Has $9.75 Million Stock Position in Franklin FTSE India ETF (NYSEARCA:FLIN)

Axiom Investors LLC DE boosted its holdings in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 23.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 257,300 shares of the company’s stock after purchasing an additional 48,800 shares during the period. Axiom Investors LLC DE’s holdings in Franklin FTSE India ETF were worth $9,752,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. BNP Paribas Financial Markets lifted its holdings in shares of Franklin FTSE India ETF by 15.5% in the third quarter. BNP Paribas Financial Markets now owns 17,904 shares of the company’s stock worth $750,000 after acquiring an additional 2,400 shares during the last quarter. Benjamin Edwards Inc. bought a new position in Franklin FTSE India ETF in the 3rd quarter valued at approximately $394,000. Arizona PSPRS Trust acquired a new stake in Franklin FTSE India ETF in the third quarter valued at approximately $457,000. Kovitz Investment Group Partners LLC boosted its position in Franklin FTSE India ETF by 2.4% in the third quarter. Kovitz Investment Group Partners LLC now owns 106,878 shares of the company’s stock valued at $4,467,000 after buying an additional 2,512 shares in the last quarter. Finally, Main Management ETF Advisors LLC grew its stake in shares of Franklin FTSE India ETF by 8.8% during the third quarter. Main Management ETF Advisors LLC now owns 221,850 shares of the company’s stock worth $9,296,000 after buying an additional 17,880 shares during the last quarter.

Franklin FTSE India ETF Stock Performance

Shares of FLIN opened at $36.69 on Monday. Franklin FTSE India ETF has a 52 week low of $33.86 and a 52 week high of $42.49. The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of 23.47 and a beta of 0.75. The stock has a fifty day moving average of $35.76 and a 200-day moving average of $38.20.

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.