Wealthfront Advisers LLC Purchases Shares of 18,138 Franklin FTSE South Korea ETF $FLKR

Wealthfront Advisers LLC purchased a new position in Franklin FTSE South Korea ETF (NYSEARCA:FLKR) during the first quarter, HoldingsChannel.com reports. The fund purchased 18,138 shares of the company’s stock, valued at approximately $723,000.

Other large investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its stake in shares of 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 valued at $30,000 after acquiring an additional 674 shares during the last quarter. Fiduciary Financial Group LLC bought a new stake in shares of Franklin FTSE South Korea ETF in the fourth quarter worth about $204,000. Summit Financial LLC bought a new stake in shares of Franklin FTSE South Korea ETF in the fourth quarter worth about $217,000. Greenline Partners LLC purchased a new position in Franklin FTSE South Korea ETF during the 3rd quarter valued at about $208,000. Finally, Marshall Wace LLP purchased a new position in Franklin FTSE South Korea ETF during the 4th quarter valued at about $352,000.

Franklin FTSE South Korea ETF Price Performance

FLKR opened at $56.63 on Wednesday. The business has a 50 day simple moving average of $61.97 and a two-hundred day simple moving average of $49.81. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 10.49 and a beta of 1.46. Franklin FTSE South Korea ETF has a one year low of $23.88 and a one year high of $72.49.

About Franklin FTSE South Korea ETF

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.