Franklin FTSE South Korea ETF (NYSEARCA:FLKR) Stock Price Down 1.7%

Franklin FTSE South Korea ETF (NYSEARCA:FLKR)’s stock price traded down 1.7% during mid-day trading on Thursday . The stock traded as low as $21.60 and last traded at $21.61. 16,211 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 114,681 shares. The stock had previously closed at $21.97.

Franklin FTSE South Korea ETF Price Performance

The firm has a fifty day simple moving average of $21.73 and a 200-day simple moving average of $22.24. The firm has a market cap of $287.05 million, a P/E ratio of 9.72 and a beta of 1.24.

Institutional Trading of Franklin FTSE South Korea ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Main Management ETF Advisors LLC boosted its position in shares of Franklin FTSE South Korea ETF by 1.9% during the second quarter. Main Management ETF Advisors LLC now owns 342,740 shares of the company’s stock valued at $7,496,000 after buying an additional 6,550 shares during the last quarter. Lumbard & Kellner LLC boosted its holdings in Franklin FTSE South Korea ETF by 1.4% during the 2nd quarter. Lumbard & Kellner LLC now owns 208,575 shares of the company’s stock worth $4,562,000 after acquiring an additional 2,924 shares during the last quarter. Marotta Asset Management raised its holdings in shares of Franklin FTSE South Korea ETF by 29.9% in the first quarter. Marotta Asset Management now owns 154,635 shares of the company’s stock valued at $3,615,000 after purchasing an additional 35,627 shares during the last quarter. Leavell Investment Management Inc. bought a new position in shares of Franklin FTSE South Korea ETF during the first quarter valued at about $1,633,000. Finally, Meitav Investment House Ltd. grew its position in Franklin FTSE South Korea ETF by 4.7% in the 2nd quarter. Meitav Investment House Ltd. now owns 48,542 shares of the company’s stock worth $1,062,000 after purchasing an additional 2,183 shares in the last quarter.

Franklin FTSE South Korea ETF Company Profile

The Franklin FTSE South Korea ETF (FLKR) is an exchange-traded fund that is based on the FTSE South Korea RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap South Korean companies. FLKR was launched on Nov 2, 2017 and is managed by Franklin Templeton.