Total Clarity Wealth Management Inc. Reduces Stake in Franklin FTSE South Korea ETF (NYSEARCA:FLKR)

Total Clarity Wealth Management Inc. cut its stake in shares of Franklin FTSE South Korea ETF (NYSEARCA:FLKR) by 13.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,017 shares of the company’s stock after selling 3,631 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Franklin FTSE South Korea ETF were worth $503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Meitav Investment House Ltd. raised its stake in shares of Franklin FTSE South Korea ETF by 4.7% in the second quarter. Meitav Investment House Ltd. now owns 48,542 shares of the company’s stock valued at $1,062,000 after acquiring an additional 2,183 shares during the period. Eagle Bay Advisors LLC boosted its stake in shares of Franklin FTSE South Korea ETF by 606.9% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,230 shares of the company’s stock worth $27,000 after purchasing an additional 1,056 shares during the period. Lumbard & Kellner LLC bought a new position in Franklin FTSE South Korea ETF during the 1st quarter valued at about $4,807,000. Leavell Investment Management Inc. purchased a new stake in Franklin FTSE South Korea ETF in the 1st quarter worth about $1,633,000. Finally, Marotta Asset Management lifted its stake in Franklin FTSE South Korea ETF by 29.9% in the first quarter. Marotta Asset Management now owns 154,635 shares of the company’s stock worth $3,615,000 after purchasing an additional 35,627 shares during the last quarter.

Franklin FTSE South Korea ETF Price Performance

Shares of NYSEARCA:FLKR opened at $21.08 on Tuesday. The business has a 50 day simple moving average of $21.42 and a two-hundred day simple moving average of $22.11. Franklin FTSE South Korea ETF has a 1 year low of $18.64 and a 1 year high of $23.70. The firm has a market capitalization of $271.93 million, a PE ratio of 9.72 and a beta of 1.24.

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.