Franklin FTSE South Korea ETF $FLKR Shares Sold by Marotta Asset Management

Marotta Asset Management lessened its holdings in Franklin FTSE South Korea ETF (NYSEARCA:FLKR) by 38.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 87,516 shares of the company’s stock after selling 53,883 shares during the period. Marotta Asset Management’s holdings in Franklin FTSE South Korea ETF were worth $2,805,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FLKR. Cercano Management LLC purchased a new position in shares of Franklin FTSE South Korea ETF during the 3rd quarter worth approximately $7,117,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new stake in Franklin FTSE South Korea ETF in the 2nd quarter valued at approximately $4,140,000. Lumbard & Kellner LLC acquired a new stake in Franklin FTSE South Korea ETF during the 3rd quarter valued at $2,661,000. Bank of Nova Scotia purchased a new position in Franklin FTSE South Korea ETF during the third quarter worth $2,622,000. Finally, Flow Traders U.S. LLC purchased a new position in Franklin FTSE South Korea ETF during the third quarter worth $1,447,000.

Franklin FTSE South Korea ETF Stock Down 6.6%

NYSEARCA FLKR opened at $40.79 on Friday. Franklin FTSE South Korea ETF has a fifty-two week low of $16.54 and a fifty-two week high of $49.95. The business has a fifty day moving average of $41.48 and a 200-day moving average of $33.91. The stock has a market cap of $363.03 million, a price-to-earnings ratio of 10.49 and a beta of 1.23.

Franklin FTSE South Korea ETF 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.