Principal Financial Group Inc. Buys 194,345 Shares of Franklin FTSE India ETF (NYSEARCA:FLIN)

Principal Financial Group Inc. lifted its stake in Franklin FTSE India ETF (NYSEARCA:FLIN) by 91.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 407,396 shares of the company’s stock after purchasing an additional 194,345 shares during the quarter. Principal Financial Group Inc. owned about 1.48% of Franklin FTSE India ETF worth $15,440,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Atomi Financial Group Inc. bought a new position in shares of Franklin FTSE India ETF during the 4th quarter valued at $234,000. Oppenheimer & Co. Inc. increased its stake in Franklin FTSE India ETF by 39.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 10,921 shares of the company’s stock worth $458,000 after buying an additional 3,097 shares in the last quarter. Altman Advisors Inc. purchased a new stake in Franklin FTSE India ETF in the 3rd quarter worth $2,802,000. Creative Planning increased its stake in Franklin FTSE India ETF by 7.4% in the 3rd quarter. Creative Planning now owns 19,824 shares of the company’s stock worth $831,000 after buying an additional 1,362 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Franklin FTSE India ETF by 83.9% during the third quarter. JPMorgan Chase & Co. now owns 15,743 shares of the company’s stock valued at $660,000 after purchasing an additional 7,182 shares in the last quarter.

Franklin FTSE India ETF Stock Down 0.1 %

Shares of Franklin FTSE India ETF stock opened at $35.05 on Wednesday. The firm has a market cap of $965.63 million, a price-to-earnings ratio of 27.54 and a beta of 0.52. The business has a 50-day moving average price of $36.82 and a 200-day moving average price of $39.06. Franklin FTSE India ETF has a twelve month low of $34.86 and a twelve month 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.