Marotta Asset Management Has $2.49 Million Stock Position in Franklin FTSE South Korea ETF (NYSEARCA:FLKR)

Marotta Asset Management grew its position in Franklin FTSE South Korea ETF (NYSEARCA:FLKR) by 22.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 142,383 shares of the company’s stock after purchasing an additional 25,761 shares during the period. Marotta Asset Management owned approximately 1.10% of Franklin FTSE South Korea ETF worth $2,489,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Main Management LLC grew its holdings in shares of Franklin FTSE South Korea ETF by 57.5% in the 3rd quarter. Main Management LLC now owns 3,063 shares of the company’s stock valued at $65,000 after acquiring an additional 1,118 shares in the last quarter. Hara Capital LLC boosted its holdings in shares of Franklin FTSE South Korea ETF by 40.5% in the 3rd quarter. Hara Capital LLC now owns 16,152 shares of the company’s stock valued at $342,000 after buying an additional 4,660 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Franklin FTSE South Korea ETF by 728,415.4% in the third quarter. JPMorgan Chase & Co. now owns 94,707 shares of the company’s stock valued at $2,008,000 after buying an additional 94,694 shares in the last quarter. Leavell Investment Management Inc. increased its holdings in Franklin FTSE South Korea ETF by 21.1% during the third quarter. Leavell Investment Management Inc. now owns 99,088 shares of the company’s stock worth $2,101,000 after buying an additional 17,264 shares during the last quarter. Finally, CX Institutional bought a new stake in Franklin FTSE South Korea ETF during the third quarter worth $4,014,000.

Franklin FTSE South Korea ETF Trading Down 1.1 %

Shares of FLKR traded down $0.20 during midday trading on Friday, reaching $18.33. The stock had a trading volume of 9,758 shares, compared to its average volume of 76,515. The firm has a market cap of $236.46 million, a PE ratio of 9.72 and a beta of 1.24. The firm has a 50 day simple moving average of $18.69 and a 200-day simple moving average of $20.37. Franklin FTSE South Korea ETF has a one year low of $17.35 and a one year high of $23.70.

Franklin FTSE South Korea ETF 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.