JBR Co Financial Management Inc Lowers Stock Holdings in Franklin FTSE India ETF (NYSEARCA:FLIN)

JBR Co Financial Management Inc lessened its position in Franklin FTSE India ETF (NYSEARCA:FLIN) by 19.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 17,772 shares of the company’s stock after selling 4,214 shares during the quarter. JBR Co Financial Management Inc’s holdings in Franklin FTSE India ETF were worth $674,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Heck Capital Advisors LLC purchased a new position in shares of Franklin FTSE India ETF in the fourth quarter valued at approximately $62,000. CWM LLC purchased a new position in shares of Franklin FTSE India ETF in the third quarter valued at approximately $86,000. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Franklin FTSE India ETF by 172.7% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 4,500 shares of the company’s stock valued at $171,000 after acquiring an additional 2,850 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of Franklin FTSE India ETF in the fourth quarter valued at approximately $217,000. Finally, 1834 Investment Advisors Co. purchased a new position in shares of Franklin FTSE India ETF in the third quarter valued at approximately $226,000.

Franklin FTSE India ETF Price Performance

NYSEARCA FLIN opened at $35.12 on Friday. The company has a market cap of $967.56 million, a PE ratio of 27.54 and a beta of 0.52. The stock’s 50 day simple moving average is $37.01 and its 200-day simple moving average is $39.14. Franklin FTSE India ETF has a 1-year low of $35.08 and a 1-year high of $42.49.

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.