Steward Partners Investment Advisory LLC Has $677,000 Holdings in Franklin FTSE India ETF (NYSEARCA:FLIN)

Steward Partners Investment Advisory LLC lifted its stake in Franklin FTSE India ETF (NYSEARCA:FLIN) by 2,876.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,856 shares of the company’s stock after buying an additional 17,256 shares during the period. Steward Partners Investment Advisory LLC owned about 0.06% of Franklin FTSE India ETF worth $677,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Heck Capital Advisors LLC acquired a new stake in shares of Franklin FTSE India ETF in the 4th quarter valued at $62,000. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of Franklin FTSE India ETF by 172.7% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 4,500 shares of the company’s stock valued at $171,000 after buying an additional 2,850 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Franklin FTSE India ETF in the 4th quarter valued at $217,000. Atomi Financial Group Inc. acquired a new stake in shares of Franklin FTSE India ETF in the 4th quarter valued at $234,000. Finally, Avid Wealth Partners LLC increased its stake in shares of Franklin FTSE India ETF by 45.5% in the 4th quarter. Avid Wealth Partners LLC now owns 7,130 shares of the company’s stock valued at $270,000 after buying an additional 2,230 shares during the period.

Franklin FTSE India ETF Stock Up 0.4 %

NYSEARCA:FLIN opened at $34.78 on Wednesday. Franklin FTSE India ETF has a 12-month low of $33.86 and a 12-month high of $42.49. The firm has a market capitalization of $1.62 billion, a P/E ratio of 22.67 and a beta of 0.75. The stock’s fifty day simple moving average is $36.08 and its 200-day simple moving average is $38.65.

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.