Wealth Enhancement Advisory Services LLC Boosts Stock Holdings in Franklin FTSE Canada ETF $FLCA

Wealth Enhancement Advisory Services LLC lifted its stake in Franklin FTSE Canada ETF (NYSEARCA:FLCA) by 217.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,588 shares of the company’s stock after purchasing an additional 12,051 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.16% of Franklin FTSE Canada ETF worth $805,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its position in Franklin FTSE Canada ETF by 84.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,331 shares of the company’s stock valued at $56,000 after purchasing an additional 610 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in shares of Franklin FTSE Canada ETF during the second quarter worth approximately $103,000. Corient Private Wealth LLC purchased a new stake in shares of Franklin FTSE Canada ETF during the second quarter worth approximately $225,000. Raymond James Financial Inc. raised its holdings in Franklin FTSE Canada ETF by 51.6% in the second quarter. Raymond James Financial Inc. now owns 8,298 shares of the company’s stock valued at $346,000 after acquiring an additional 2,825 shares in the last quarter. Finally, Scotia Capital Inc. raised its holdings in Franklin FTSE Canada ETF by 101.7% in the second quarter. Scotia Capital Inc. now owns 12,179 shares of the company’s stock valued at $508,000 after acquiring an additional 6,142 shares in the last quarter.

Franklin FTSE Canada ETF Stock Up 0.7%

NYSEARCA FLCA opened at $49.11 on Wednesday. Franklin FTSE Canada ETF has a 52 week low of $33.59 and a 52 week high of $50.97. The firm has a 50 day moving average of $48.55 and a two-hundred day moving average of $45.81. The stock has a market capitalization of $606.51 million, a PE ratio of 19.67 and a beta of 0.93.

Franklin FTSE Canada ETF 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.