Franklin FTSE South Korea ETF (NYSEARCA:FLKR) Shares Down 1.7%

Franklin FTSE South Korea ETF (NYSEARCA:FLKR) shares fell 1.7% during trading on Thursday . The stock traded as low as $21.60 and last traded at $21.61. 16,211 shares were traded during mid-day trading, a decline of 86% from the average session volume of 114,681 shares. The stock had previously closed at $21.97.

Franklin FTSE South Korea ETF Stock Up 3.0 %

The company has a 50 day simple moving average of $21.73 and a two-hundred day simple moving average of $22.24. The company has a market capitalization of $287.05 million, a P/E ratio of 9.72 and a beta of 1.24.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FLKR. Main Management ETF Advisors LLC grew its holdings in Franklin FTSE South Korea ETF by 1.9% during the 2nd quarter. Main Management ETF Advisors LLC now owns 342,740 shares of the company’s stock valued at $7,496,000 after purchasing an additional 6,550 shares during the last quarter. Lumbard & Kellner LLC lifted its stake in Franklin FTSE South Korea ETF by 1.4% in the second quarter. Lumbard & Kellner LLC now owns 208,575 shares of the company’s stock worth $4,562,000 after purchasing an additional 2,924 shares during the last quarter. Meitav Investment House Ltd. boosted its position in shares of Franklin FTSE South Korea ETF by 4.7% during the second quarter. Meitav Investment House Ltd. now owns 48,542 shares of the company’s stock valued at $1,062,000 after buying an additional 2,183 shares during the period. Eagle Bay Advisors LLC boosted its position in shares of Franklin FTSE South Korea ETF by 606.9% during the second quarter. Eagle Bay Advisors LLC now owns 1,230 shares of the company’s stock valued at $27,000 after buying an additional 1,056 shares during the period. Finally, Leavell Investment Management Inc. bought a new position in shares of Franklin FTSE South Korea ETF during the first quarter valued at approximately $1,633,000.

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.