Avid Wealth Partners LLC Purchases Shares of 31,909 Franklin FTSE India ETF $FLIN

Avid Wealth Partners LLC acquired a new stake in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) in the first quarter, Holdings Channel.com reports. The fund acquired 31,909 shares of the company’s stock, valued at approximately $1,060,000. Franklin FTSE India ETF comprises about 0.5% of Avid Wealth Partners LLC’s holdings, making the stock its 28th biggest holding.

Other large investors have also modified their holdings of the company. Morgan Stanley raised its position in shares of Franklin FTSE India ETF by 2.4% during the fourth quarter. Morgan Stanley now owns 1,491,503 shares of the company’s stock worth $57,557,000 after purchasing an additional 35,311 shares during the period. OLD National Bancorp IN raised its holdings in Franklin FTSE India ETF by 13.4% during the 1st quarter. OLD National Bancorp IN now owns 847,863 shares of the company’s stock worth $28,166,000 after buying an additional 100,216 shares during the period. 3EDGE Asset Management LP acquired a new stake in Franklin FTSE India ETF during the 4th quarter worth about $29,642,000. Axis Capital Holdings Ltd. purchased a new stake in Franklin FTSE India ETF during the fourth quarter valued at about $14,617,000. Finally, OLD Second National Bank of Aurora lifted its stake in Franklin FTSE India ETF by 0.3% during the first quarter. OLD Second National Bank of Aurora now owns 323,982 shares of the company’s stock valued at $10,763,000 after buying an additional 955 shares in the last quarter.

Franklin FTSE India ETF Price Performance

Shares of FLIN opened at $35.41 on Friday. The company has a 50-day moving average of $34.96 and a two-hundred day moving average of $35.90. The stock has a market cap of $2.73 billion, a price-to-earnings ratio of 22.46 and a beta of 0.47. Franklin FTSE India ETF has a one year low of $32.20 and a one year high of $39.85.

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.