Franklin FTSE Canada ETF (NYSEARCA:FLCA) Sets New 1-Year High – Here’s What Happened

Franklin FTSE Canada ETF (NYSEARCA:FLCA)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $55.68 and last traded at $55.50, with a volume of 885 shares traded. The stock had previously closed at $55.51.

Franklin FTSE Canada ETF Stock Down 0.0%

The firm has a 50-day moving average of $52.75 and a two-hundred day moving average of $51.46. The company has a market capitalization of $843.60 million, a PE ratio of 19.67 and a beta of 0.84.

Institutional Trading of Franklin FTSE Canada ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. 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 worth $39,000 after purchasing an additional 763 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Franklin FTSE Canada ETF by 84.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,331 shares of the company’s stock valued at $56,000 after buying an additional 610 shares during the period. Bayban acquired a new position in Franklin FTSE Canada ETF during the 4th quarter worth about $70,000. Kestra Advisory Services LLC purchased a new position in Franklin FTSE Canada ETF during the 4th quarter valued at about $103,000. Finally, EP Wealth Advisors LLC purchased a new position in Franklin FTSE Canada ETF during the 2nd quarter valued at about $103,000.

Franklin FTSE Canada ETF Company Profile

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.