Franklin LibertyQ International Equity Hedged ETF (NYSEARCA:FLQH) Shares Down 1.1% – Here’s Why

Franklin LibertyQ International Equity Hedged ETF (NYSEARCA:FLQH)’s share price was down 1.1% during trading on Friday . The company traded as low as $32.36 and last traded at $32.38. Approximately 313,840 shares traded hands during mid-day trading, an increase of 5,865% from the average daily volume of 5,261 shares. The stock had previously closed at $32.73.

Franklin LibertyQ International Equity Hedged ETF Trading Down 0.2 %

The company has a 50-day moving average price of $31.13 and a two-hundred day moving average price of $31.09. The stock has a market cap of $1.13 billion, a P/E ratio of 15.31 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.