Mittelman Wealth Management Buys 6,727 Shares of Franklin FTSE India ETF $FLIN

Mittelman Wealth Management lifted its position in Franklin FTSE India ETF (NYSEARCA:FLIN) by 42.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,742 shares of the company’s stock after acquiring an additional 6,727 shares during the quarter. Franklin FTSE India ETF makes up approximately 0.8% of Mittelman Wealth Management’s portfolio, making the stock its 16th largest position. Mittelman Wealth Management’s holdings in Franklin FTSE India ETF were worth $906,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FLIN. Advisors Capital Management LLC boosted its holdings in Franklin FTSE India ETF by 35.9% during the second quarter. Advisors Capital Management LLC now owns 50,176 shares of the company’s stock worth $1,999,000 after purchasing an additional 13,247 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Franklin FTSE India ETF by 16.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 18,785 shares of the company’s stock worth $748,000 after buying an additional 2,714 shares in the last quarter. Altman Advisors Inc. boosted its stake in shares of Franklin FTSE India ETF by 2.2% in the 2nd quarter. Altman Advisors Inc. now owns 72,290 shares of the company’s stock worth $2,890,000 after buying an additional 1,572 shares during the last quarter. Innealta Capital LLC grew its holdings in shares of Franklin FTSE India ETF by 5.2% in the second quarter. Innealta Capital LLC now owns 67,790 shares of the company’s stock valued at $2,700,000 after acquiring an additional 3,321 shares in the last quarter. Finally, C WorldWide Group Holding A S bought a new position in shares of Franklin FTSE India ETF in the second quarter valued at approximately $1,576,000.

Franklin FTSE India ETF Trading Down 0.5%

Shares of FLIN opened at $38.80 on Friday. The stock has a 50 day moving average of $38.39 and a 200 day moving average of $38.56. The company has a market capitalization of $2.58 billion, a price-to-earnings ratio of 22.46 and a beta of 0.46. Franklin FTSE India ETF has a 12 month low of $33.86 and a 12 month high of $40.08.

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.