Franklin FTSE Canada ETF (NYSEARCA:FLCA) Sets New 12-Month High – Here’s What Happened

Franklin FTSE Canada ETF (NYSEARCA:FLCA) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $46.42 and last traded at $46.36, with a volume of 7461 shares. The stock had previously closed at $45.74.

Franklin FTSE Canada ETF Stock Up 1.4%

The company’s 50 day moving average price is $45.16 and its 200 day moving average price is $42.71. The firm has a market capitalization of $530.82 million, a price-to-earnings ratio of 19.67 and a beta of 0.93.

Institutional Trading of Franklin FTSE Canada ETF

Several institutional investors and hedge funds have recently bought and sold shares of FLCA. EverSource Wealth Advisors LLC purchased a new position in Franklin FTSE Canada ETF during the third quarter worth approximately $37,000. Beverly Hills Private Wealth LLC purchased a new stake in shares of Franklin FTSE Canada ETF in the third quarter valued at approximately $211,000. FDx Advisors Inc. acquired a new position in shares of Franklin FTSE Canada ETF during the 3rd quarter worth approximately $938,000. Values Added Financial LLC purchased a new position in shares of Franklin FTSE Canada ETF during the 3rd quarter valued at approximately $211,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Franklin FTSE Canada ETF by 217.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 17,588 shares of the company’s stock valued at $805,000 after acquiring an additional 12,051 shares during the period.

About Franklin FTSE Canada ETF

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.