Whittier Trust Co. Raises Stock Position in Franklin FTSE India ETF (NYSEARCA:FLIN)

Whittier Trust Co. raised its stake in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 45.2% during the fourth quarter, Holdings Channel reports. The firm owned 47,401 shares of the company’s stock after buying an additional 14,764 shares during the quarter. Whittier Trust Co.’s holdings in Franklin FTSE India ETF were worth $1,796,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Shoker Investment Counsel Inc. increased its position in Franklin FTSE India ETF by 0.3% during the 4th quarter. Shoker Investment Counsel Inc. now owns 95,876 shares of the company’s stock valued at $3,634,000 after purchasing an additional 317 shares during the period. Rialto Wealth Management LLC purchased a new stake in shares of Franklin FTSE India ETF in the 4th quarter worth about $27,000. HighTower Advisors LLC grew its position in shares of Franklin FTSE India ETF by 18.5% in the 4th quarter. HighTower Advisors LLC now owns 9,274 shares of the company’s stock worth $351,000 after buying an additional 1,450 shares during the period. Heck Capital Advisors LLC purchased a new stake in shares of Franklin FTSE India ETF in the 4th quarter worth about $62,000. Finally, Avantax Advisory Services Inc. grew its position in shares of Franklin FTSE India ETF by 6.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 28,719 shares of the company’s stock worth $1,088,000 after buying an additional 1,819 shares during the period.

Franklin FTSE India ETF Price Performance

NYSEARCA:FLIN opened at $36.82 on Friday. The firm’s 50-day moving average price is $35.73 and its 200-day moving average price is $38.38. The company has a market capitalization of $1.70 billion, a PE ratio of 23.47 and a beta of 0.75. Franklin FTSE India ETF has a 1-year low of $33.86 and a 1-year high of $42.49.

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.