Franklin FTSE Canada ETF $FLCA Holdings Lowered by Royal Bank of Canada

Royal Bank of Canada decreased its stake in Franklin FTSE Canada ETF (NYSEARCA:FLCA) by 58.7% in the first quarter, HoldingsChannel reports. The firm owned 112,633 shares of the company’s stock after selling 160,095 shares during the period. Royal Bank of Canada’s holdings in Franklin FTSE Canada ETF were worth $5,512,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its holdings in Franklin FTSE Canada ETF by 84.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,331 shares of the company’s stock worth $56,000 after buying an additional 610 shares during the period. Comerica Bank lifted its stake in Franklin FTSE Canada ETF by 1,557.1% during the fourth quarter. Comerica Bank now owns 812 shares of the company’s stock valued at $39,000 after buying an additional 763 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Franklin FTSE Canada ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 21,711 shares of the company’s stock worth $1,049,000 after buying an additional 1,210 shares during the period. Bank of Montreal Can boosted its holdings in shares of Franklin FTSE Canada ETF by 2.3% in the fourth quarter. Bank of Montreal Can now owns 59,018 shares of the company’s stock worth $2,851,000 after buying an additional 1,351 shares during the period. Finally, Bayban purchased a new position in shares of Franklin FTSE Canada ETF in the fourth quarter worth approximately $70,000.

Franklin FTSE Canada ETF Price Performance

Franklin FTSE Canada ETF stock opened at $55.15 on Thursday. Franklin FTSE Canada ETF has a fifty-two week low of $42.26 and a fifty-two week high of $55.19. The firm’s 50 day simple moving average is $52.63 and its 200-day simple moving average is $51.38. The company has a market cap of $838.28 million, a P/E ratio of 19.67 and a beta of 0.84.

About Franklin FTSE Canada ETF

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