Cetera Investment Advisers Takes Position in Franklin FTSE South Korea ETF $FLKR

Cetera Investment Advisers bought a new position in shares of Franklin FTSE South Korea ETF (NYSEARCA:FLKR) during the first quarter, Holdings Channel reports. The firm bought 9,571 shares of the company’s stock, valued at approximately $382,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FLKR. Hsbc Holdings PLC purchased a new stake in Franklin FTSE South Korea ETF during the fourth quarter worth about $722,000. Wealthfront Advisers LLC purchased a new position in Franklin FTSE South Korea ETF in the first quarter valued at about $723,000. Spartan Wealth Advisory Services LLC bought a new position in shares of Franklin FTSE South Korea ETF during the 1st quarter valued at approximately $1,334,000. Flow Traders U.S. LLC purchased a new stake in shares of Franklin FTSE South Korea ETF during the 3rd quarter worth approximately $1,447,000. Finally, Osaic Holdings Inc. increased its stake in shares of Franklin FTSE South Korea ETF by 38.7% during the 4th quarter. Osaic Holdings Inc. now owns 17,359 shares of the company’s stock worth $556,000 after purchasing an additional 4,848 shares during the last quarter.

Franklin FTSE South Korea ETF Trading Up 1.8%

NYSEARCA:FLKR opened at $58.60 on Friday. The firm’s 50 day moving average is $59.00 and its 200 day moving average is $52.67. Franklin FTSE South Korea ETF has a 12 month low of $24.13 and a 12 month high of $72.49. The stock has a market capitalization of $1.48 billion, a PE ratio of 10.49 and a beta of 1.49.

About Franklin FTSE South Korea ETF

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