Leavell Investment Management Inc. Reduces Holdings in Franklin FTSE South Korea ETF (NYSEARCA:FLKR)

Leavell Investment Management Inc. lowered its position in Franklin FTSE South Korea ETF (NYSEARCA:FLKR) by 14.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 84,611 shares of the company’s stock after selling 14,477 shares during the period. Leavell Investment Management Inc. owned 0.66% of Franklin FTSE South Korea ETF worth $1,473,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Main Management ETF Advisors LLC raised its holdings in Franklin FTSE South Korea ETF by 49.6% in the 3rd quarter. Main Management ETF Advisors LLC now owns 512,895 shares of the company’s stock valued at $10,873,000 after acquiring an additional 170,155 shares during the last quarter. CX Institutional purchased a new stake in shares of Franklin FTSE South Korea ETF in the third quarter valued at approximately $4,014,000. Marotta Asset Management increased its holdings in shares of Franklin FTSE South Korea ETF by 22.1% in the fourth quarter. Marotta Asset Management now owns 142,383 shares of the company’s stock valued at $2,489,000 after purchasing an additional 25,761 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Franklin FTSE South Korea ETF by 728,415.4% during the third quarter. JPMorgan Chase & Co. now owns 94,707 shares of the company’s stock worth $2,008,000 after buying an additional 94,694 shares in the last quarter. Finally, Fiduciary Financial Group LLC acquired a new position in Franklin FTSE South Korea ETF during the fourth quarter worth $1,455,000.

Franklin FTSE South Korea ETF Stock Down 0.3 %

FLKR stock opened at $18.83 on Thursday. Franklin FTSE South Korea ETF has a 52-week low of $17.35 and a 52-week high of $23.70. The business has a fifty day moving average of $18.41 and a two-hundred day moving average of $19.81. The stock has a market cap of $242.91 million, a price-to-earnings ratio of 9.72 and a beta of 1.24.

Franklin FTSE South Korea ETF 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.