Churchill Financial Advisors LLC Invests $1.95 Million in Franklin FTSE India ETF $FLIN

Churchill Financial Advisors LLC purchased a new position in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 50,402 shares of the company’s stock, valued at approximately $1,945,000.

Several other institutional investors have also modified their holdings of FLIN. Goldman Sachs Group Inc. purchased a new stake in shares of Franklin FTSE India ETF during the 1st quarter worth approximately $9,348,000. Jane Street Group LLC boosted its stake in shares of Franklin FTSE India ETF by 46.2% during the 1st quarter. Jane Street Group LLC now owns 89,994 shares of the company’s stock worth $3,315,000 after acquiring an additional 28,453 shares in the last quarter. Bank of Nova Scotia acquired a new position in shares of Franklin FTSE India ETF during the 2nd quarter worth approximately $1,610,000. Bank of America Corp DE raised its position in shares of Franklin FTSE India ETF by 115.0% during the 2nd quarter. Bank of America Corp DE now owns 284,146 shares of the company’s stock worth $11,318,000 after purchasing an additional 151,964 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of Franklin FTSE India ETF by 27.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 17,860 shares of the company’s stock worth $711,000 after purchasing an additional 3,855 shares during the last quarter.

Franklin FTSE India ETF Price Performance

Shares of Franklin FTSE India ETF stock opened at $34.67 on Monday. Franklin FTSE India ETF has a 1 year low of $32.20 and a 1 year high of $40.08. The company has a market capitalization of $2.51 billion, a P/E ratio of 22.46 and a beta of 0.48. The business has a 50 day moving average price of $34.56 and a 200 day moving average price of $36.78.

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.