Franklin FTSE Canada ETF (NYSEARCA:FLCA) Sees Unusually-High Trading Volume – What’s Next?
by Jessica Moore · The Cerbat GemShares of Franklin FTSE Canada ETF (NYSEARCA:FLCA – Get Free Report) saw unusually-high trading volume on Friday . Approximately 288,583 shares changed hands during trading, an increase of 254% from the previous session’s volume of 81,418 shares.The stock last traded at $51.76 and had previously closed at $51.77.
Franklin FTSE Canada ETF Trading Up 0.1%
The business has a fifty day simple moving average of $50.30 and a 200 day simple moving average of $48.41. The stock has a market capitalization of $725.76 million, a P/E ratio of 19.67 and a beta of 0.87.
Institutional Trading of Franklin FTSE Canada ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC bought a new stake in Franklin FTSE Canada ETF during the 3rd quarter worth approximately $37,000. Comerica Bank increased its holdings in Franklin FTSE Canada ETF by 1,557.1% during the 4th quarter. Comerica Bank now owns 812 shares of the company’s stock worth $39,000 after purchasing an additional 763 shares in the last quarter. Blue Trust Inc. increased its holdings in Franklin FTSE Canada ETF by 1,080.0% during the 4th quarter. Blue Trust Inc. now owns 826 shares of the company’s stock worth $40,000 after purchasing an additional 756 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of 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 acquiring an additional 610 shares in the last quarter. Finally, Bayban bought a new position in shares of Franklin FTSE Canada ETF in the fourth quarter valued at approximately $70,000.
Franklin FTSE Canada ETF Company Profile
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.