Franklin FTSE India ETF $FLIN is Ativo Capital Management LLC’s 2nd Largest Position

Ativo Capital Management LLC reduced its stake in Franklin FTSE India ETF (NYSEARCA:FLIN) by 41.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 192,310 shares of the company’s stock after selling 134,120 shares during the period. Franklin FTSE India ETF comprises about 6.8% of Ativo Capital Management LLC’s holdings, making the stock its 2nd biggest position. Ativo Capital Management LLC’s holdings in Franklin FTSE India ETF were worth $7,660,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. OLD National Bancorp IN raised its holdings in shares of Franklin FTSE India ETF by 446.9% in the second quarter. OLD National Bancorp IN now owns 636,044 shares of the company’s stock worth $25,334,000 after buying an additional 519,754 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Franklin FTSE India ETF in the first quarter worth $9,348,000. Family Investment Center Inc. raised its stake in Franklin FTSE India ETF by 718.0% in the 1st quarter. Family Investment Center Inc. now owns 273,641 shares of the company’s stock worth $10,081,000 after acquiring an additional 240,188 shares during the last quarter. Empowered Funds LLC purchased a new position in Franklin FTSE India ETF in the 1st quarter worth $5,386,000. Finally, Kovitz Investment Group Partners LLC purchased a new position in Franklin FTSE India ETF in the 1st quarter worth $5,285,000.

Franklin FTSE India ETF Price Performance

Shares of FLIN stock opened at $37.97 on Tuesday. The firm has a market capitalization of $2.46 billion, a price-to-earnings ratio of 22.46 and a beta of 0.67. The business has a fifty day moving average of $37.89 and a 200 day moving average of $38.22. Franklin FTSE India ETF has a 1 year low of $33.86 and a 1 year high of $41.00.

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.