Franklin FTSE India ETF (NYSEARCA:FLIN) Sees Large Volume Increase

Franklin FTSE India ETF (NYSEARCA:FLIN) shares saw unusually-strong trading volume on Tuesday . Approximately 1,280,309 shares were traded during trading, an increase of 334% from the previous session’s volume of 295,249 shares.The stock last traded at $39.67 and had previously closed at $39.24.

Franklin FTSE India ETF Stock Up 0.6 %

The business has a fifty day moving average of $39.85 and a 200 day moving average of $37.88. The firm has a market cap of $1.09 billion, a P/E ratio of 27.54 and a beta of 0.52.

Institutional Investors Weigh In On Franklin FTSE India ETF

Several hedge funds have recently bought and sold shares of the company. Bogart Wealth LLC acquired a new stake in Franklin FTSE India ETF during the 1st quarter worth $33,000. Park Place Capital Corp acquired a new stake in shares of Franklin FTSE India ETF during the second quarter worth about $36,000. IAG Wealth Partners LLC bought a new position in shares of Franklin FTSE India ETF during the 2nd quarter valued at about $45,000. Knights of Columbus Asset Advisors LLC acquired a new position in shares of Franklin FTSE India ETF in the 4th quarter valued at approximately $91,000. Finally, Trust Co. of Vermont increased its stake in Franklin FTSE India ETF by 30.4% during the 2nd quarter. Trust Co. of Vermont now owns 2,699 shares of the company’s stock worth $108,000 after purchasing an additional 630 shares in the last quarter.

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.