Franklin FTSE South Korea ETF (NYSEARCA:FLKR – Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 1,440,072 shares changed hands during mid-day trading, an increase of 120% from the previous session’s volume of 655,258 shares.The stock last traded at $60.3960 and had previously closed at $62.67.
Franklin FTSE South Korea ETF Trading Up 3.2%
The stock has a market capitalization of $1.57 billion, a PE ratio of 10.49 and a beta of 1.51. The firm has a 50-day moving average price of $57.26 and a 200-day moving average price of $54.63.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new stake in Franklin FTSE South Korea ETF in the second quarter worth $4,140,000. Empowered Funds LLC purchased a new position in shares of Franklin FTSE South Korea ETF during the 4th quarter valued at $5,104,000. Goldman Sachs Group Inc. grew its stake in shares of Franklin FTSE South Korea ETF by 492.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 178,923 shares of the company’s stock worth $5,734,000 after acquiring an additional 148,714 shares during the period. Vident Advisory LLC grew its stake in shares of Franklin FTSE South Korea ETF by 1,154.9% during the 4th quarter. Vident Advisory LLC now owns 108,363 shares of the company’s stock worth $3,473,000 after acquiring an additional 99,728 shares during the period. Finally, Bank of Nova Scotia purchased a new stake in Franklin FTSE South Korea ETF in the 3rd quarter worth about $2,622,000.
About Franklin FTSE South Korea ETF
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.
See Also
- Five stocks we like better than Franklin FTSE South Korea ETF
- American Eagle Goes on Sale: Is It Time to Buy?
- MarketBeat Week in Review – 09/07 – 09/11
- Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
- Kroger’s Textbook Entry for Buy-and-Hold Investors
Receive News & Ratings for Franklin FTSE South Korea ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin FTSE South Korea ETF and related companies with MarketBeat.com's FREE daily email newsletter.
