Franklin FTSE South Korea ETF (NYSEARCA:FLKR) Trading 0.3% Higher – Should You Buy?

Franklin FTSE South Korea ETF (NYSEARCA:FLKR)’s share price traded up 0.3% on Monday . The stock traded as high as $31.49 and last traded at $31.00. 43,579 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 68,744 shares. The stock had previously closed at $30.92.

Franklin FTSE South Korea ETF Stock Up 0.3%

The company has a 50 day moving average of $30.59 and a two-hundred day moving average of $26.86. The firm has a market cap of $235.60 million, a P/E ratio of 10.49 and a beta of 1.23.

Hedge Funds Weigh In On Franklin FTSE South Korea ETF

Several hedge funds have recently made changes to their positions in FLKR. EverSource Wealth Advisors LLC lifted its stake in Franklin FTSE South Korea ETF by 121.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,231 shares of the company’s stock valued at $30,000 after purchasing an additional 674 shares during the last quarter. Bank of Montreal Can bought a new position in shares of Franklin FTSE South Korea ETF in the second quarter valued at $177,000. Greenline Partners LLC bought a new position in shares of Franklin FTSE South Korea ETF in the third quarter valued at $208,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Franklin FTSE South Korea ETF during the 2nd quarter valued at $251,000. Finally, Osaic Holdings Inc. boosted its stake in shares of Franklin FTSE South Korea ETF by 2,424.3% during the 2nd quarter. Osaic Holdings Inc. now owns 12,470 shares of the company’s stock worth $305,000 after acquiring an additional 11,976 shares in the last quarter.

Franklin FTSE South Korea ETF Company 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.