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

Principal Financial Group Inc. grew its stake in Franklin FTSE India ETF (NYSEARCA:FLIN) by 211.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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.

Other large investors also recently modified their holdings of the company. Franklin Resources Inc. raised its position in Franklin FTSE India ETF by 172.0% in the 3rd quarter. Franklin Resources Inc. now owns 266,515 shares of the company’s stock valued at $10,919,000 after buying an additional 168,525 shares during the last quarter. Tidal Investments LLC purchased a new stake in shares of Franklin FTSE India ETF in the third quarter valued at about $708,000. Sanctuary Advisors LLC lifted its position in shares of Franklin FTSE India ETF by 77.1% during the third quarter. Sanctuary Advisors LLC now owns 158,480 shares of the company’s stock valued at $6,157,000 after purchasing an additional 69,006 shares in the last quarter. MML Investors Services LLC lifted its position in shares of Franklin FTSE India ETF by 158.0% during the third quarter. MML Investors Services LLC now owns 57,970 shares of the company’s stock valued at $2,429,000 after purchasing an additional 35,501 shares in the last quarter. Finally, Main Management ETF Advisors LLC boosted its holdings in Franklin FTSE India ETF by 8.8% during the third quarter. Main Management ETF Advisors LLC now owns 221,850 shares of the company’s stock worth $9,296,000 after purchasing an additional 17,880 shares during the last quarter.

Franklin FTSE India ETF Stock Performance

NYSEARCA:FLIN opened at $37.75 on Tuesday. Franklin FTSE India ETF has a 52 week low of $34.66 and a 52 week high of $42.49. The firm has a 50-day moving average price of $39.16 and a two-hundred day moving average price of $40.16. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of 27.54 and a beta of 0.52.

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.