Franklin LibertyQ International Equity Hedged ETF (NYSEARCA:FLQH) Shares Down 1.2% – Here’s Why

Franklin LibertyQ International Equity Hedged ETF (NYSEARCA:FLQH) shares traded down 1.2% during trading on Friday . The company traded as low as $33.34 and last traded at $33.60. 181,704 shares traded hands during mid-day trading, an increase of 3,354% from the average session volume of 5,261 shares. The stock had previously closed at $34.01.

Franklin LibertyQ International Equity Hedged ETF Price Performance

The firm has a fifty day moving average of $32.07 and a 200 day moving average of $31.27. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 15.40 and a beta of 0.71.

Franklin LibertyQ International Equity Hedged ETF Company Profile

The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the Morningstar® Developed Markets ex-North America Target Market Exposure Index and is constructed by applying an optimization process to the Parent Index that aims to deliver a higher dividend yield than the Parent Index, while limiting expected tracking error to the Parent Index.