Franklin FTSE South Korea ETF (NYSEARCA:FLKR) Sets New 52-Week High – What’s Next?

Franklin FTSE South Korea ETF (NYSEARCA:FLKRGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $63.80 and last traded at $63.78, with a volume of 73420 shares trading hands. The stock had previously closed at $58.78.

Franklin FTSE South Korea ETF Price Performance

The stock’s fifty day simple moving average is $49.80 and its 200-day simple moving average is $41.14. The stock has a market cap of $943.80 million, a P/E ratio of 10.49 and a beta of 1.39.

Institutional Investors Weigh In On Franklin FTSE South Korea ETF

Large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new position in shares of Franklin FTSE South Korea ETF during the first quarter valued at $366,000. EverSource Wealth Advisors LLC lifted its position in Franklin FTSE South Korea ETF by 121.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,231 shares of the company’s stock valued at $30,000 after purchasing an additional 674 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in Franklin FTSE South Korea ETF during the 2nd quarter valued at about $4,140,000. Osaic Holdings Inc. grew its position in Franklin FTSE South Korea ETF by 2,424.3% in the 2nd quarter. Osaic Holdings Inc. now owns 12,470 shares of the company’s stock worth $305,000 after purchasing an additional 11,976 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in Franklin FTSE South Korea ETF by 8.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 10,983 shares of the company’s stock worth $308,000 after purchasing an additional 826 shares during the last quarter.

Franklin FTSE South Korea ETF Company Profile

(Get Free Report)

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.

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