Franklin FTSE Canada ETF (NYSEARCA:FLCA) Sets New 1-Year High – Here’s What Happened

Franklin FTSE Canada ETF (NYSEARCA:FLCAGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $55.68 and last traded at $55.50, with a volume of 885 shares changing hands. The stock had previously closed at $55.51.

Franklin FTSE Canada ETF Stock Performance

The stock has a 50 day moving average of $52.75 and a 200-day moving average of $51.46. The company has a market cap of $843.60 million, a PE ratio of 19.67 and a beta of 0.84.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FLCA. Northwestern Mutual Wealth Management Co. boosted its position in Franklin FTSE Canada ETF by 84.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,331 shares of the company’s stock valued at $56,000 after buying an additional 610 shares during the last quarter. Raymond James Financial Inc. grew its position in Franklin FTSE Canada ETF by 51.6% during the 2nd quarter. Raymond James Financial Inc. now owns 8,298 shares of the company’s stock worth $346,000 after purchasing an additional 2,825 shares during the period. Bank of America Corp DE boosted its stake in shares of Franklin FTSE Canada ETF by 1.2% during the 2nd quarter. Bank of America Corp DE now owns 3,455,418 shares of the company’s stock worth $144,264,000 after acquiring an additional 39,684 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in Franklin FTSE Canada ETF in the 2nd quarter valued at about $103,000. Finally, Corient Private Wealth LLC purchased a new position in shares of Franklin FTSE Canada ETF in the second quarter valued at approximately $225,000.

About Franklin FTSE Canada ETF

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Franklin FTSE Canada ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin FTSE Canada ETF and related companies with MarketBeat.com's FREE daily email newsletter.