Marotta Asset Management reduced its stake in Franklin FTSE Australia ETF (NYSEARCA:FLAU – Free Report) by 11.1% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 39,483 shares of the company’s stock after selling 4,946 shares during the quarter. Marotta Asset Management’s holdings in Franklin FTSE Australia ETF were worth $1,112,000 at the end of the most recent quarter.
Separately, EverSource Wealth Advisors LLC boosted its holdings in shares of Franklin FTSE Australia ETF by 5.2% in the second quarter. EverSource Wealth Advisors LLC now owns 7,413 shares of the company’s stock worth $220,000 after acquiring an additional 368 shares during the period.
Franklin FTSE Australia ETF Stock Down 1.6 %
Shares of NYSEARCA:FLAU traded down $0.47 during midday trading on Friday, reaching $28.27. 1,166 shares of the company traded hands, compared to its average volume of 6,328. The firm’s fifty day moving average price is $29.83 and its two-hundred day moving average price is $30.04. The firm has a market capitalization of $25.44 million, a price-to-earnings ratio of 15.29 and a beta of 1.11. Franklin FTSE Australia ETF has a 12 month low of $26.58 and a 12 month high of $32.28.
About Franklin FTSE Australia ETF
The Franklin FTSE Australia ETF (FLAU) is an exchange-traded fund that is based on the FTSE Australia RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Australian stocks. FLAU was launched on Nov 2, 2017 and is managed by Franklin Templeton.
See Also
- Five stocks we like better than Franklin FTSE Australia ETF
- Health Care Stocks Explained: Why You Might Want to Invest
- With This Kind of Data, The Fed Isn’t Cutting Rates This Year
- What is the Nasdaq? Complete Overview with History
- 3 EV Stocks Offering Unique Alternatives to Tesla
- Using the MarketBeat Dividend Yield Calculator
- 3 Stocks Leveraging NVIDIA’s Strength for Profits
Want to see what other hedge funds are holding FLAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin FTSE Australia ETF (NYSEARCA:FLAU – Free Report).
Receive News & Ratings for Franklin FTSE Australia ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin FTSE Australia ETF and related companies with MarketBeat.com's FREE daily email newsletter.
