UBS Group AG Sells 22,474 Shares of Franklin FTSE India ETF $FLIN

UBS Group AG lowered its position in Franklin FTSE India ETF (NYSEARCA:FLIN) by 12.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 153,197 shares of the company’s stock after selling 22,474 shares during the quarter. UBS Group AG’s holdings in Franklin FTSE India ETF were worth $5,912,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. OLD National Bancorp IN raised its stake in shares of Franklin FTSE India ETF by 8.0% during the fourth quarter. OLD National Bancorp IN now owns 747,647 shares of the company’s stock valued at $28,852,000 after acquiring an additional 55,523 shares during the last quarter. Axis Capital Holdings Ltd. acquired a new stake in Franklin FTSE India ETF in the fourth quarter valued at $14,617,000. RWA Wealth Partners LLC acquired a new stake in Franklin FTSE India ETF in the third quarter valued at $1,845,000. Principal Financial Group Inc. raised its position in Franklin FTSE India ETF by 30.7% during the 3rd quarter. Principal Financial Group Inc. now owns 898,218 shares of the company’s stock worth $33,495,000 after purchasing an additional 210,899 shares during the last quarter. Finally, AGF Management Ltd. raised its position in Franklin FTSE India ETF by 16.9% during the 3rd quarter. AGF Management Ltd. now owns 1,197,347 shares of the company’s stock worth $44,649,000 after purchasing an additional 172,979 shares during the last quarter.

Franklin FTSE India ETF Trading Up 1.4%

NYSEARCA FLIN opened at $34.37 on Thursday. The business’s 50-day moving average price is $34.59 and its two-hundred day moving average price is $36.84. Franklin FTSE India ETF has a 12 month low of $32.20 and a 12 month high of $40.08. The firm has a market capitalization of $2.49 billion, a PE ratio of 22.46 and a beta of 0.48.

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.