Franklin FTSE Canada ETF (NYSEARCA:FLCA) Sees Strong Trading Volume – Here’s What Happened

Franklin FTSE Canada ETF (NYSEARCA:FLCAGet Free Report) saw unusually-high trading volume on Wednesday . Approximately 86,607 shares were traded during mid-day trading, an increase of 18% from the previous session’s volume of 73,694 shares.The stock last traded at $52.85 and had previously closed at $52.85.

Franklin FTSE Canada ETF Trading Up 0.3%

The business’s 50 day moving average is $52.07 and its two-hundred day moving average is $50.71. The company has a market cap of $800.15 million, a PE ratio of 19.67 and a beta of 0.84.

Hedge Funds Weigh In On Franklin FTSE Canada ETF

Large investors have recently made changes to their positions in the business. Boltwood Capital Management purchased a new stake in shares of Franklin FTSE Canada ETF during the second quarter worth about $208,000. Bank of America Corp DE lifted its holdings in Franklin FTSE Canada ETF by 20.4% in the 1st quarter. Bank of America Corp DE now owns 4,251,730 shares of the company’s stock worth $208,080,000 after purchasing an additional 720,745 shares in the last quarter. Quantinno Capital Management LP bought a new position in Franklin FTSE Canada ETF in the 1st quarter worth approximately $231,000. Innealta Capital LLC boosted its stake in Franklin FTSE Canada ETF by 3.8% in the 1st quarter. Innealta Capital LLC now owns 74,760 shares of the company’s stock worth $3,659,000 after purchasing an additional 2,769 shares during the period. Finally, Nottingham Advisors Inc. boosted its stake in Franklin FTSE Canada ETF by 2.3% in the 1st quarter. Nottingham Advisors Inc. now owns 287,509 shares of the company’s stock worth $14,071,000 after purchasing an additional 6,360 shares during the period.

Franklin FTSE Canada ETF Company Profile

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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.

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