Franklin FTSE India ETF $FLIN Shares Sold by Investment Management Corp of Ontario

Investment Management Corp of Ontario trimmed its holdings in shares of Franklin FTSE India ETF (NYSEARCA:FLIN) by 38.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 569,954 shares of the company’s stock after selling 350,856 shares during the period. Investment Management Corp of Ontario owned about 0.74% of Franklin FTSE India ETF worth $21,995,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Advocate Investing Services LLC acquired a new position in Franklin FTSE India ETF during the fourth quarter worth $25,000. Eagle Bay Advisors LLC purchased a new position in Franklin FTSE India ETF in the fourth quarter worth $26,000. Ankerstar Wealth LLC acquired a new stake in Franklin FTSE India ETF in the fourth quarter valued at $31,000. Dunhill Financial LLC acquired a new stake in Franklin FTSE India ETF in the fourth quarter valued at $34,000. Finally, Park Square Financial Group LLC purchased a new stake in shares of Franklin FTSE India ETF during the 4th quarter worth $36,000.

Franklin FTSE India ETF Stock Down 0.7%

NYSEARCA:FLIN opened at $35.12 on Thursday. Franklin FTSE India ETF has a fifty-two week low of $32.20 and a fifty-two week high of $40.08. The stock has a market cap of $2.54 billion, a PE ratio of 22.46 and a beta of 0.47. The firm’s fifty day simple moving average is $34.91 and its 200-day simple moving average is $36.23.

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.