Hsbc Holdings PLC acquired a new stake in Franklin FTSE South Korea ETF (NYSEARCA:FLKR – Free Report) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 22,542 shares of the company’s stock, valued at approximately $722,000.
A number of other hedge funds have also modified their holdings of FLKR. EverSource Wealth Advisors LLC raised 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 worth $30,000 after acquiring an additional 674 shares in the last quarter. Fiduciary Financial Group LLC bought a new stake in shares of Franklin FTSE South Korea ETF during the fourth quarter worth approximately $204,000. Greenline Partners LLC acquired a new position in shares of Franklin FTSE South Korea ETF in the 3rd quarter valued at $208,000. Summit Financial LLC acquired a new position in Franklin FTSE South Korea ETF in the fourth quarter valued at about $217,000. Finally, Osaic Holdings Inc. raised its position in shares of Franklin FTSE South Korea ETF by 2,424.3% in the 2nd quarter. Osaic Holdings Inc. now owns 12,470 shares of the company’s stock valued at $305,000 after acquiring an additional 11,976 shares during the period.
Franklin FTSE South Korea ETF Stock Down 2.8%
Shares of NYSEARCA FLKR opened at $56.18 on Thursday. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 10.49 and a beta of 1.46. Franklin FTSE South Korea ETF has a twelve month low of $23.88 and a twelve month high of $72.49. The company’s fifty day moving average is $62.42 and its 200-day moving average is $49.19.
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.
See Also
- Five stocks we like better than Franklin FTSE South Korea ETF
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Want to see what other hedge funds are holding FLKR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin FTSE South Korea ETF (NYSEARCA:FLKR – Free Report).
Receive News & Ratings for Franklin FTSE South Korea ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin FTSE South Korea ETF and related companies with MarketBeat.com's FREE daily email newsletter.
