Principal Financial Group Inc. Acquires 144,743 Shares of Franklin FTSE India ETF (NYSEARCA:FLIN)

Principal Financial Group Inc. grew its holdings in Franklin FTSE India ETF (NYSEARCA:FLIN) by 211.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 213,051 shares of the company’s stock after purchasing an additional 144,743 shares during the quarter. Principal Financial Group Inc. owned approximately 0.77% of Franklin FTSE India ETF worth $8,927,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of FLIN. Jane Street Group LLC boosted its stake in Franklin FTSE India ETF by 3,934.5% during the 1st quarter. Jane Street Group LLC now owns 1,277,407 shares of the company’s stock worth $47,072,000 after acquiring an additional 1,245,745 shares during the last quarter. Csenge Advisory Group bought a new position in Franklin FTSE India ETF during the 2nd quarter worth approximately $8,420,000. OLD Mission Capital LLC boosted its stake in Franklin FTSE India ETF by 262.5% during the 1st quarter. OLD Mission Capital LLC now owns 132,032 shares of the company’s stock worth $4,865,000 after acquiring an additional 95,611 shares during the last quarter. Sanctuary Advisors LLC bought a new position in Franklin FTSE India ETF during the 2nd quarter worth approximately $3,360,000. Finally, OLD National Bancorp IN acquired a new stake in Franklin FTSE India ETF during the 3rd quarter worth approximately $3,403,000.

Franklin FTSE India ETF Stock Performance

Shares of FLIN stock opened at $38.20 on Tuesday. The company has a market capitalization of $1.05 billion, a P/E ratio of 27.54 and a beta of 0.52. The company’s 50 day moving average price is $40.44 and its two-hundred day moving average price is $39.94. Franklin FTSE India ETF has a 52 week low of $32.13 and a 52 week high of $42.49.

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.