Rede Wealth LLC Invests $426,000 in Franklin FTSE India ETF (NYSEARCA:FLIN)

Rede Wealth LLC bought a new stake in shares of Franklin FTSE India ETF (NYSEARCA:FLINFree Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 10,163 shares of the company’s stock, valued at approximately $426,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Park Place Capital Corp purchased a new stake in shares of Franklin FTSE India ETF during the 2nd quarter worth approximately $36,000. IAG Wealth Partners LLC purchased a new stake in Franklin FTSE India ETF during the second quarter valued at $45,000. M&R Capital Management Inc. lifted its position in Franklin FTSE India ETF by 76.0% during the third quarter. M&R Capital Management Inc. now owns 1,091 shares of the company’s stock valued at $46,000 after purchasing an additional 471 shares during the last quarter. CWM LLC purchased a new position in shares of Franklin FTSE India ETF in the 3rd quarter worth $86,000. Finally, Trust Co. of Vermont increased its holdings in shares of Franklin FTSE India ETF by 30.4% in the 2nd quarter. Trust Co. of Vermont now owns 2,699 shares of the company’s stock worth $108,000 after buying an additional 630 shares during the last quarter.

Franklin FTSE India ETF Price Performance

Shares of NYSEARCA FLIN traded up $0.04 during mid-day trading on Friday, hitting $40.47. 114,808 shares of the company’s stock traded hands, compared to its average volume of 314,072. Franklin FTSE India ETF has a 1 year low of $30.41 and a 1 year high of $42.49. The company’s 50-day moving average is $41.11 and its two-hundred day moving average is $39.64. The company has a market capitalization of $1.11 billion, a P/E ratio of 27.54 and a beta of 0.52.

Franklin FTSE India ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Franklin FTSE India ETF (NYSEARCA:FLIN)

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