Innealta Capital LLC Sells 17,743 Shares of Franklin FTSE Australia ETF $FLAU

Innealta Capital LLC decreased its position in shares of Franklin FTSE Australia ETF (NYSEARCA:FLAU) by 32.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,289 shares of the company’s stock after selling 17,743 shares during the quarter. Innealta Capital LLC owned 1.59% of Franklin FTSE Australia ETF worth $1,172,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. National Bank of Canada FI lifted its position in Franklin FTSE Australia ETF by 37.1% during the third quarter. National Bank of Canada FI now owns 6,956 shares of the company’s stock worth $223,000 after purchasing an additional 1,882 shares during the period. Osaic Holdings Inc. lifted its position in Franklin FTSE Australia ETF by 8.6% during the second quarter. Osaic Holdings Inc. now owns 9,231 shares of the company’s stock worth $286,000 after purchasing an additional 731 shares during the period. Jane Street Group LLC lifted its position in Franklin FTSE Australia ETF by 10.5% during the first quarter. Jane Street Group LLC now owns 11,480 shares of the company’s stock worth $317,000 after purchasing an additional 1,094 shares during the period. Bank of America Corp DE lifted its position in Franklin FTSE Australia ETF by 8,880.4% during the second quarter. Bank of America Corp DE now owns 20,206 shares of the company’s stock worth $627,000 after purchasing an additional 19,981 shares during the period. Finally, Goldman Sachs Group Inc. bought a new stake in Franklin FTSE Australia ETF during the first quarter worth about $668,000.

Franklin FTSE Australia ETF Stock Down 1.6%

FLAU opened at $33.99 on Thursday. Franklin FTSE Australia ETF has a twelve month low of $28.63 and a twelve month high of $39.87. The company has a 50-day simple moving average of $34.33 and a 200 day simple moving average of $32.93. The stock has a market capitalization of $91.77 million, a price-to-earnings ratio of 20.41 and a beta of 1.02.

Franklin FTSE Australia ETF Company Profile

The Franklin FTSE Australia ETF (FLAU) is an exchange-traded fund that is based on the FTSE Australia RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Australian stocks. FLAU was launched on Nov 2, 2017 and is managed by Franklin Templeton.