Franklin FTSE South Korea ETF (NYSEARCA:FLKR) Sees Large Volume Increase – Time to Buy?

Franklin FTSE South Korea ETF (NYSEARCA:FLKRGet Free Report) shares saw unusually-high trading volume on Monday . 639,651 shares traded hands during trading, a decline of 2% from the previous session’s volume of 649,902 shares.The stock last traded at $59.87 and had previously closed at $59.50.

Franklin FTSE South Korea ETF Stock Performance

The company’s fifty day moving average price is $57.93 and its two-hundred day moving average price is $53.47. The firm has a market capitalization of $1.50 billion, a PE ratio of 10.49 and a beta of 1.49.

Institutional Trading of Franklin FTSE South Korea ETF

Several institutional investors have recently made changes to their positions in the stock. Boltwood Capital Management lifted its stake in shares of Franklin FTSE South Korea ETF by 1.2% in the 2nd quarter. Boltwood Capital Management now owns 17,175 shares of the company’s stock valued at $1,135,000 after purchasing an additional 200 shares in the last quarter. Ieq Capital LLC increased its position in Franklin FTSE South Korea ETF by 3.7% during the 4th quarter. Ieq Capital LLC now owns 11,817 shares of the company’s stock worth $379,000 after purchasing an additional 427 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Franklin FTSE South Korea ETF by 50.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,822 shares of the company’s stock worth $73,000 after purchasing an additional 608 shares in the last quarter. LPL Financial LLC raised its holdings in Franklin FTSE South Korea ETF by 14.2% in the fourth quarter. LPL Financial LLC now owns 12,575 shares of the company’s stock valued at $403,000 after buying an additional 1,560 shares during the period. Finally, MRA Advisory Group purchased a new position in Franklin FTSE South Korea ETF in the second quarter valued at approximately $272,000.

About Franklin FTSE South Korea ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Franklin FTSE South Korea ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin FTSE South Korea ETF and related companies with MarketBeat.com's FREE daily email newsletter.