Marotta Asset Management Has $2.49 Million Stake in Franklin FTSE South Korea ETF (NYSEARCA:FLKR)

Marotta Asset Management increased its position in shares of Franklin FTSE South Korea ETF (NYSEARCA:FLKR) by 22.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 142,383 shares of the company’s stock after purchasing an additional 25,761 shares during the period. Marotta Asset Management’s holdings in Franklin FTSE South Korea ETF were worth $2,489,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Main Management LLC lifted its holdings in shares of Franklin FTSE South Korea ETF by 57.5% during the third quarter. Main Management LLC now owns 3,063 shares of the company’s stock worth $65,000 after buying an additional 1,118 shares in the last quarter. Hara Capital LLC increased its position in Franklin FTSE South Korea ETF by 40.5% during the third quarter. Hara Capital LLC now owns 16,152 shares of the company’s stock worth $342,000 after acquiring an additional 4,660 shares during the period. JPMorgan Chase & Co. increased its position in Franklin FTSE South Korea ETF by 728,415.4% during the third quarter. JPMorgan Chase & Co. now owns 94,707 shares of the company’s stock worth $2,008,000 after acquiring an additional 94,694 shares during the period. Leavell Investment Management Inc. raised its stake in Franklin FTSE South Korea ETF by 21.1% in the 3rd quarter. Leavell Investment Management Inc. now owns 99,088 shares of the company’s stock worth $2,101,000 after purchasing an additional 17,264 shares in the last quarter. Finally, CX Institutional bought a new stake in Franklin FTSE South Korea ETF in the 3rd quarter valued at about $4,014,000.

Franklin FTSE South Korea ETF Stock Performance

Shares of NYSEARCA FLKR traded down $0.20 during midday trading on Friday, reaching $18.33. The company’s stock had a trading volume of 9,758 shares, compared to its average volume of 76,515. The company has a market cap of $236.46 million, a P/E ratio of 9.72 and a beta of 1.24. The business’s 50 day moving average price is $18.69 and its two-hundred day moving average price is $20.37. Franklin FTSE South Korea ETF has a fifty-two week low of $17.35 and a fifty-two week high of $23.70.

Franklin FTSE South Korea ETF Company Profile

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.