Raymond James & Associates Decreases Stake in Franklin FTSE India ETF (NYSEARCA:FLIN)

Raymond James & Associates lowered its position in Franklin FTSE India ETF (NYSEARCA:FLIN) by 42.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,885 shares of the company’s stock after selling 58,399 shares during the quarter. Raymond James & Associates owned approximately 0.29% of Franklin FTSE India ETF worth $3,347,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets purchased a new position in Franklin FTSE India ETF in the first quarter worth approximately $265,000. National Bank of Canada FI lifted its position in shares of Franklin FTSE India ETF by 2.7% during the 2nd quarter. National Bank of Canada FI now owns 21,489 shares of the company’s stock worth $860,000 after buying an additional 556 shares during the last quarter. Park Place Capital Corp purchased a new stake in shares of Franklin FTSE India ETF during the 2nd quarter worth approximately $36,000. Oppenheimer & Co. Inc. purchased a new stake in shares of Franklin FTSE India ETF during the 1st quarter worth approximately $318,000. Finally, Commonwealth Equity Services LLC lifted its position in shares of Franklin FTSE India ETF by 34.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 44,890 shares of the company’s stock worth $1,789,000 after buying an additional 11,425 shares during the last quarter.

Franklin FTSE India ETF Trading Up 0.2 %

Shares of NYSEARCA:FLIN opened at $39.35 on Monday. The company has a market capitalization of $1.08 billion, a PE ratio of 27.54 and a beta of 0.52. Franklin FTSE India ETF has a twelve month low of $31.19 and a twelve month high of $42.49. The firm has a 50 day simple moving average of $40.94 and a 200-day simple moving average of $39.80.

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.