Franklin FTSE Canada ETF (NYSEARCA:FLCA) Sees Strong Trading Volume – Time to Buy?

by · The Cerbat Gem

Franklin FTSE Canada ETF (NYSEARCA:FLCA – Get Free Report) saw unusually-high trading volume on Monday . 305,587 shares traded hands during trading, an increase of 322% from the previous session’s volume of 72,476 shares.The stock last traded at $53.11 and had previously closed at $52.99.

Franklin FTSE Canada ETF Stock Performance

The stock has a market cap of $807.27 million, a PE ratio of 19.67 and a beta of 0.84. The company’s 50 day simple moving average is $52.34 and its 200 day simple moving average is $51.10.

Hedge Funds Weigh In On Franklin FTSE Canada ETF

Institutional investors have recently modified their holdings of the business. Sage Advisory Services Ltd.Co. bought a new stake in Franklin FTSE Canada ETF during the fourth quarter worth $1,955,000. ES4 LLC purchased a new position in Franklin FTSE Canada ETF in the fourth quarter worth $4,588,000. Aureum Wealth Management LLC bought a new position in Franklin FTSE Canada ETF in the 4th quarter valued at $2,039,000. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Franklin FTSE Canada ETF during the 4th quarter valued at $628,000. Finally, Csenge Advisory Group raised its stake in shares of Franklin FTSE Canada ETF by 158.4% during the 4th quarter. Csenge Advisory Group now owns 32,188 shares of the company’s stock worth $1,555,000 after purchasing an additional 19,729 shares during the period.

About Franklin FTSE Canada ETF

(Get Free Report)

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.

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