Franklin FTSE Eurozone ETF (NYSEARCA:FLEU – Get Free Report) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 1,115 shares, a decrease of 45.2% from the August 15th total of 2,033 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 2,801 shares, the days-to-cover ratio is currently 0.4 days.
Hedge Funds Weigh In On Franklin FTSE Eurozone ETF
A number of institutional investors have recently modified their holdings of the company. Integrated Wealth Concepts LLC acquired a new stake in Franklin FTSE Eurozone ETF in the 2nd quarter valued at $34,000. Hedeker Wealth LLC increased its stake in Franklin FTSE Eurozone ETF by 53.4% during the 2nd quarter. Hedeker Wealth LLC now owns 62,890 shares of the company’s stock valued at $2,251,000 after purchasing an additional 21,881 shares in the last quarter. Royal Bank of Canada raised its holdings in Franklin FTSE Eurozone ETF by 8.0% during the first quarter. Royal Bank of Canada now owns 37,633 shares of the company’s stock worth $1,217,000 after buying an additional 2,797 shares during the last quarter. Madison Asset Management LLC bought a new position in shares of Franklin FTSE Eurozone ETF in the first quarter valued at $371,000. Finally, Sigma Planning Corp bought a new position in shares of Franklin FTSE Eurozone ETF in the first quarter valued at $226,000.
Franklin FTSE Eurozone ETF Trading Down 0.6%
FLEU stock traded down $0.21 during trading on Tuesday, reaching $35.44. 2,291 shares of the stock were exchanged, compared to its average volume of 9,329. The firm’s 50 day moving average is $36.13 and its 200 day moving average is $35.01. The firm has a market cap of $70.88 million, a P/E ratio of 16.43 and a beta of 0.69. Franklin FTSE Eurozone ETF has a twelve month low of $30.96 and a twelve month high of $37.45.
Franklin FTSE Eurozone ETF Company Profile
The Franklin FTSE Eurozone ETF Franklin FTSE Europe Hedged Fund (FLEU) is an exchange-traded fund that is based on the FTSE Developed Eurozone index. The fund tracks a market cap weighted index of large- and mid-cap companies in the developed Eurozone. The currency exposure is not hedged FLEU was launched on Nov 2, 2017 and is issued by Franklin Templeton.
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