Franklin FTSE Canada ETF (NYSEARCA:FLCA) Hits New 12-Month High – Should You Buy?

Franklin FTSE Canada ETF (NYSEARCA:FLCA)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $47.92 and last traded at $47.6740, with a volume of 42749 shares traded. The stock had previously closed at $47.56.

Franklin FTSE Canada ETF Trading Up 0.2%

The company has a market cap of $544.45 million, a PE ratio of 19.67 and a beta of 0.93. The stock has a 50 day moving average price of $45.77 and a 200 day moving average price of $43.70.

Institutional Trading of Franklin FTSE Canada ETF

A number of hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. bought a new position in shares of Franklin FTSE Canada ETF in the 1st quarter worth about $27,000. AlphaCore Capital LLC purchased a new stake in Franklin FTSE Canada ETF in the first quarter worth about $32,000. EverSource Wealth Advisors LLC bought a new position in shares of Franklin FTSE Canada ETF during the third quarter valued at approximately $37,000. EP Wealth Advisors LLC purchased a new position in shares of Franklin FTSE Canada ETF during the second quarter valued at approximately $103,000. Finally, Values Added Financial LLC bought a new stake in shares of Franklin FTSE Canada ETF in the 3rd quarter worth approximately $211,000.

Franklin FTSE Canada ETF Company 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.