Altman Advisors Inc. Makes New Investment in Franklin FTSE India ETF (NYSEARCA:FLIN)

Altman Advisors Inc. purchased a new stake in Franklin FTSE India ETF (NYSEARCA:FLIN) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 66,873 shares of the company’s stock, valued at approximately $2,802,000. Franklin FTSE India ETF accounts for about 1.2% of Altman Advisors Inc.’s investment portfolio, making the stock its 19th largest position.

A number of other large investors have also made changes to their positions in the stock. Jane Street Group LLC raised its stake in Franklin FTSE India ETF by 3,934.5% during the first quarter. Jane Street Group LLC now owns 1,277,407 shares of the company’s stock worth $47,072,000 after acquiring an additional 1,245,745 shares in the last quarter. Csenge Advisory Group bought a new stake in shares of Franklin FTSE India ETF during the second quarter valued at approximately $8,420,000. Principal Financial Group Inc. lifted its holdings in Franklin FTSE India ETF by 211.9% during the 3rd quarter. Principal Financial Group Inc. now owns 213,051 shares of the company’s stock worth $8,927,000 after buying an additional 144,743 shares in the last quarter. OLD Mission Capital LLC increased its stake in shares of Franklin FTSE India ETF by 262.5% in the 1st quarter. OLD Mission Capital LLC now owns 132,032 shares of the company’s stock valued at $4,865,000 after buying an additional 95,611 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in shares of Franklin FTSE India ETF during the second quarter worth $3,360,000.

Franklin FTSE India ETF Stock Performance

Shares of FLIN stock opened at $39.34 on Wednesday. The firm’s 50 day moving average price is $40.39 and its two-hundred day moving average price is $39.94. The stock has a market cap of $1.08 billion, a PE ratio of 27.54 and a beta of 0.52. Franklin FTSE India ETF has a 52-week low of $32.26 and a 52-week high of $42.49.

Franklin FTSE India ETF 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.