National Bank of Canada FI Lowers Stake in Franklin FTSE India ETF (NYSEARCA:FLIN)

National Bank of Canada FI lowered its holdings in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 4.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,517 shares of the company’s stock after selling 972 shares during the quarter. National Bank of Canada FI’s holdings in Franklin FTSE India ETF were worth $860,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Ativo Capital Management LLC bought a new stake in Franklin FTSE India ETF in the 3rd quarter valued at $17,377,000. Principal Financial Group Inc. increased its holdings 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 purchasing an additional 144,743 shares during the last quarter. Flow Traders U.S. LLC lifted its position in shares of Franklin FTSE India ETF by 678.7% in the third quarter. Flow Traders U.S. LLC now owns 208,901 shares of the company’s stock worth $8,753,000 after buying an additional 182,075 shares in the last quarter. Main Management ETF Advisors LLC boosted its stake in Franklin FTSE India ETF by 20.5% during the second quarter. Main Management ETF Advisors LLC now owns 203,970 shares of the company’s stock valued at $8,130,000 after buying an additional 34,680 shares during the last quarter. Finally, Innealta Capital LLC grew its holdings in Franklin FTSE India ETF by 93.9% during the 2nd quarter. Innealta Capital LLC now owns 118,254 shares of the company’s stock valued at $4,714,000 after buying an additional 57,271 shares in the last quarter.

Franklin FTSE India ETF Price Performance

Shares of FLIN opened at $39.93 on Friday. The business’s 50 day simple moving average is $39.57 and its 200-day simple moving average is $40.14. Franklin FTSE India ETF has a 1 year low of $33.63 and a 1 year high of $42.49. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of 27.54 and a beta of 0.52.

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.