JPMorgan Chase & Co. Grows Position in Franklin FTSE India ETF (NYSEARCA:FLIN)

JPMorgan Chase & Co. lifted its position in Franklin FTSE India ETF (NYSEARCA:FLIN) by 83.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,743 shares of the company’s stock after purchasing an additional 7,182 shares during the period. JPMorgan Chase & Co. owned about 0.06% of Franklin FTSE India ETF worth $660,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in FLIN. Principal Financial Group Inc. lifted its stake in shares of Franklin FTSE India ETF by 211.9% in the third quarter. Principal Financial Group Inc. now owns 213,051 shares of the company’s stock worth $8,927,000 after buying an additional 144,743 shares in the last quarter. Park Avenue Securities LLC purchased a new position in shares of Franklin FTSE India ETF in the third quarter valued at approximately $331,000. Altman Advisors Inc. acquired a new stake in shares of Franklin FTSE India ETF in the third quarter valued at $2,802,000. Oppenheimer & Co. Inc. increased its position in shares of Franklin FTSE India ETF by 39.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 10,921 shares of the company’s stock valued at $458,000 after purchasing an additional 3,097 shares during the last quarter. Finally, Creative Planning boosted its position in shares of Franklin FTSE India ETF by 7.4% during the 3rd quarter. Creative Planning now owns 19,824 shares of the company’s stock worth $831,000 after acquiring an additional 1,362 shares in the last quarter.

Franklin FTSE India ETF Price Performance

Shares of FLIN opened at $35.95 on Tuesday. The firm has a fifty day moving average price of $38.30 and a 200 day moving average price of $39.73. The stock has a market cap of $990.42 million, a PE ratio of 27.54 and a beta of 0.52. Franklin FTSE India ETF has a 1-year low of $35.12 and a 1-year high of $42.49.

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.