Focus Financial Network Inc. Purchases Shares of 35,157 Franklin FTSE India ETF (NYSEARCA:FLIN)

Focus Financial Network Inc. acquired a new position in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) in the 4th quarter, Holdings Channel reports. The fund acquired 35,157 shares of the company’s stock, valued at approximately $1,332,000.

Other hedge funds have also modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. increased its stake in Franklin FTSE India ETF by 45.3% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,795,490 shares of the company’s stock valued at $68,041,000 after buying an additional 560,000 shares during the last quarter. Ativo Capital Management LLC acquired a new stake in shares of Franklin FTSE India ETF in the third quarter valued at about $17,377,000. Franklin Resources Inc. raised its holdings in Franklin FTSE India ETF by 172.0% during the third quarter. Franklin Resources Inc. now owns 266,515 shares of the company’s stock worth $10,919,000 after acquiring an additional 168,525 shares in the last quarter. OLD Second National Bank of Aurora boosted its position in Franklin FTSE India ETF by 14.8% during the fourth quarter. OLD Second National Bank of Aurora now owns 223,564 shares of the company’s stock valued at $8,473,000 after purchasing an additional 28,797 shares during the last quarter. Finally, Main Management ETF Advisors LLC grew its stake in Franklin FTSE India ETF by 8.8% in the third quarter. Main Management ETF Advisors LLC now owns 221,850 shares of the company’s stock valued at $9,296,000 after purchasing an additional 17,880 shares in the last quarter.

Franklin FTSE India ETF Stock Down 0.9 %

NYSEARCA:FLIN opened at $35.86 on Wednesday. The firm has a market capitalization of $987.94 million, a price-to-earnings ratio of 27.54 and a beta of 0.52. Franklin FTSE India ETF has a twelve month low of $35.60 and a twelve month high of $42.49. The stock’s 50 day moving average price is $37.70 and its two-hundred day moving average price is $39.40.

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.