Franklin FTSE Canada ETF $FLCA Shares Sold by Royal Bank of Canada

Royal Bank of Canada reduced its position in shares of Franklin FTSE Canada ETF (NYSEARCA:FLCA) by 58.7% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 112,633 shares of the company’s stock after selling 160,095 shares during the quarter. Royal Bank of Canada owned about 0.79% of Franklin FTSE Canada ETF worth $5,512,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. ES4 LLC bought a new stake in shares of Franklin FTSE Canada ETF in the 4th quarter worth $4,588,000. Wells Fargo & Company MN raised its position in Franklin FTSE Canada ETF by 2,881,250.0% in the fourth quarter. Wells Fargo & Company MN now owns 57,627 shares of the company’s stock worth $2,783,000 after acquiring an additional 57,625 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Franklin FTSE Canada ETF by 1.5% in the 3rd quarter. Bank of America Corp DE now owns 3,506,742 shares of the company’s stock worth $159,216,000 after purchasing an additional 51,324 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Franklin FTSE Canada ETF by 2.3% in the 4th quarter. JPMorgan Chase & Co. now owns 1,970,219 shares of the company’s stock worth $95,162,000 after purchasing an additional 44,927 shares in the last quarter. Finally, Aureum Wealth Management LLC acquired a new stake in Franklin FTSE Canada ETF during the fourth quarter valued at approximately $2,039,000.

Franklin FTSE Canada ETF Stock Performance

Shares of NYSEARCA:FLCA opened at $55.15 on Thursday. The stock has a market capitalization of $838.28 million, a price-to-earnings ratio of 19.67 and a beta of 0.84. Franklin FTSE Canada ETF has a 1-year low of $42.26 and a 1-year high of $55.19. The company has a 50 day moving average price of $52.63 and a 200 day moving average price of $51.38.

Franklin FTSE Canada ETF Profile

The Franklin FTSE Canada ETF (FLCA) is an exchange-traded fund that is based on the FTSE Canada RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Canadian stocks. FLCA was launched on Nov 2, 2017 and is managed by Franklin Templeton.