JPMorgan Chase & Co. Sells 83,185 Shares of Franklin FTSE Canada ETF $FLCA

JPMorgan Chase & Co. trimmed its stake in Franklin FTSE Canada ETF (NYSEARCA:FLCA) by 4.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,925,292 shares of the company’s stock after selling 83,185 shares during the quarter. JPMorgan Chase & Co. owned approximately 16.81% of Franklin FTSE Canada ETF worth $87,413,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. grew its position in Franklin FTSE Canada ETF by 84.6% during the second 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 in the last quarter. EP Wealth Advisors LLC acquired a new stake in shares of Franklin FTSE Canada ETF during the 2nd quarter valued at $103,000. Values Added Financial LLC acquired a new stake in shares of Franklin FTSE Canada ETF during the third quarter valued at about $211,000. Corient Private Wealth LLC bought a new stake in Franklin FTSE Canada ETF during the 2nd quarter worth approximately $225,000. Finally, Raymond James Financial Inc. grew its stake in shares of Franklin FTSE Canada ETF by 51.6% in the second quarter. Raymond James Financial Inc. now owns 8,298 shares of the company’s stock worth $346,000 after purchasing an additional 2,825 shares during the last quarter.

Franklin FTSE Canada ETF Stock Performance

Shares of NYSEARCA FLCA opened at $50.83 on Tuesday. Franklin FTSE Canada ETF has a 52-week low of $33.59 and a 52-week high of $51.36. The company’s 50 day moving average price is $49.28 and its 200-day moving average price is $46.58. The company has a market capitalization of $637.92 million, a P/E ratio of 19.67 and a beta of 0.93.

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.