Franklin FTSE Europe ETF (NYSEARCA:FLEE – Get Free Report) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 1,586 shares, a growth of 301.5% from the June 30th total of 395 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,450 shares, the short-interest ratio is currently 0.3 days.
Franklin FTSE Europe ETF Stock Up 0.8%
Franklin FTSE Europe ETF stock traded up $0.30 during midday trading on Friday, reaching $38.59. 1,655 shares of the stock traded hands, compared to its average volume of 16,507. The stock’s fifty day moving average is $38.81 and its 200-day moving average is $38.19. Franklin FTSE Europe ETF has a 12 month low of $32.55 and a 12 month high of $39.86. The stock has a market cap of $115.77 million, a P/E ratio of 16.76 and a beta of 0.82.
Institutional Trading of Franklin FTSE Europe ETF
Several hedge funds have recently modified their holdings of FLEE. Raymond James Financial Inc. purchased a new position in shares of Franklin FTSE Europe ETF in the second quarter valued at $140,000. Vident Advisory LLC purchased a new stake in Franklin FTSE Europe ETF during the second quarter valued at $231,000. Kestra Private Wealth Services LLC raised its stake in Franklin FTSE Europe ETF by 8.7% during the third quarter. Kestra Private Wealth Services LLC now owns 7,210 shares of the company’s stock valued at $250,000 after purchasing an additional 576 shares in the last quarter. Susquehanna International Group LLP purchased a new stake in Franklin FTSE Europe ETF during the third quarter valued at $589,000. Finally, Fifth Third Bancorp bought a new position in Franklin FTSE Europe ETF during the first quarter valued at $691,000.
Franklin FTSE Europe ETF Company Profile
The Franklin FTSE Europe ETF (FLEE) is an exchange-traded fund that is based on the FTSE Developed Europe RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap stocks in developed European countries. FLEE was launched on Nov 2, 2017 and is managed by Franklin Templeton.
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