Franklin LibertyQ International Equity Hedged ETF (NYSEARCA:FLQH) Shares Down 1.3% – Here’s Why

Franklin LibertyQ International Equity Hedged ETF (NYSEARCA:FLQHGet Free Report)’s share price traded down 1.3% on Wednesday . The company traded as low as $44.07 and last traded at $44.14. Approximately 1,659,693 shares were traded during mid-day trading, an increase of 31,447% from the average daily volume of 5,261 shares. The stock had previously closed at $44.72.

Franklin LibertyQ International Equity Hedged ETF Stock Down 1.3%

The business’s 50 day simple moving average is $43.34 and its two-hundred day simple moving average is $42.22. The stock has a market cap of $35.31 million, a P/E ratio of 14.82 and a beta of 0.56.

About Franklin LibertyQ International Equity Hedged ETF

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The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the Morningstar® Developed Markets ex-North America Target Market Exposure Index and is constructed by applying an optimization process to the Parent Index that aims to deliver a higher dividend yield than the Parent Index, while limiting expected tracking error to the Parent Index.

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