Shares of Franklin FTSE Canada ETF (NYSEARCA:FLCA – Get Free Report) crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $53.90 and traded as low as $53.77. Franklin FTSE Canada ETF shares last traded at $53.81, with a volume of 61,092 shares.
Franklin FTSE Canada ETF Trading Down 1.1%
The business’s fifty day simple moving average is $53.90 and its 200-day simple moving average is $52.12. The firm has a market cap of $850.20 million, a P/E ratio of 19.67 and a beta of 0.84.
Hedge Funds Weigh In On Franklin FTSE Canada ETF
Several hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE boosted its stake in Franklin FTSE Canada ETF by 20.4% in the 1st quarter. Bank of America Corp DE now owns 4,251,730 shares of the company’s stock worth $208,080,000 after purchasing an additional 720,745 shares during the period. Quantinno Capital Management LP purchased a new position in Franklin FTSE Canada ETF during the 1st quarter valued at about $231,000. Boltwood Capital Management bought a new stake in shares of Franklin FTSE Canada ETF during the third quarter valued at about $211,000. Innealta Capital LLC increased its position in shares of Franklin FTSE Canada ETF by 3.8% during the first quarter. Innealta Capital LLC now owns 74,760 shares of the company’s stock valued at $3,659,000 after buying an additional 2,769 shares during the period. Finally, TD Waterhouse Canada Inc. increased its position in shares of Franklin FTSE Canada ETF by 170.5% during the third quarter. TD Waterhouse Canada Inc. now owns 3,143 shares of the company’s stock valued at $164,000 after buying an additional 1,981 shares during the period.
About Franklin FTSE Canada ETF
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.
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