Franklin FTSE South Korea ETF (NYSEARCA:FLKR) Hits New 52-Week High – Here’s What Happened

Franklin FTSE South Korea ETF (NYSEARCA:FLKR) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $63.80 and last traded at $63.78, with a volume of 73420 shares trading hands. The stock had previously closed at $58.78.

Franklin FTSE South Korea ETF Stock Performance

The company has a 50 day moving average price of $48.89 and a 200 day moving average price of $40.68. The company has a market capitalization of $949.27 million, a price-to-earnings ratio of 10.49 and a beta of 1.39.

Institutional Trading of Franklin FTSE South Korea ETF

Several large investors have recently made changes to their positions in FLKR. EverSource Wealth Advisors LLC grew its stake in shares of Franklin FTSE South Korea ETF by 121.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,231 shares of the company’s stock valued at $30,000 after buying an additional 674 shares during the period. Fiduciary Financial Group LLC bought a new position in Franklin FTSE South Korea ETF in the 4th quarter valued at about $204,000. Greenline Partners LLC bought a new position in Franklin FTSE South Korea ETF in the 3rd quarter valued at about $208,000. Summit Financial LLC bought a new position in Franklin FTSE South Korea ETF in the 4th quarter valued at about $217,000. Finally, Osaic Holdings Inc. lifted its position in Franklin FTSE South Korea ETF by 2,424.3% in the 2nd quarter. Osaic Holdings Inc. now owns 12,470 shares of the company’s stock valued at $305,000 after acquiring an additional 11,976 shares in the last quarter.

Franklin FTSE South Korea ETF Company Profile

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.