Main Management ETF Advisors LLC Buys 6,550 Shares of Franklin FTSE South Korea ETF (NYSEARCA:FLKR)

Main Management ETF Advisors LLC grew its stake in Franklin FTSE South Korea ETF (NYSEARCA:FLKR) by 1.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 342,740 shares of the company’s stock after buying an additional 6,550 shares during the period. Franklin FTSE South Korea ETF makes up about 0.4% of Main Management ETF Advisors LLC’s holdings, making the stock its 29th biggest holding. Main Management ETF Advisors LLC’s holdings in Franklin FTSE South Korea ETF were worth $7,496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Eagle Bay Advisors LLC lifted its holdings in shares of Franklin FTSE South Korea ETF by 606.9% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,230 shares of the company’s stock worth $27,000 after acquiring an additional 1,056 shares during the last quarter. Meitav Investment House Ltd. raised its position in Franklin FTSE South Korea ETF by 4.7% during the second quarter. Meitav Investment House Ltd. now owns 48,542 shares of the company’s stock valued at $1,062,000 after purchasing an additional 2,183 shares in the last quarter. Marotta Asset Management raised its position in Franklin FTSE South Korea ETF by 29.9% during the first quarter. Marotta Asset Management now owns 154,635 shares of the company’s stock valued at $3,615,000 after purchasing an additional 35,627 shares in the last quarter. Finally, Lumbard & Kellner LLC bought a new stake in Franklin FTSE South Korea ETF during the first quarter worth about $4,807,000.

Franklin FTSE South Korea ETF Price Performance

Shares of FLKR opened at $22.12 on Friday. Franklin FTSE South Korea ETF has a 1 year low of $18.64 and a 1 year high of $23.70. The stock has a 50 day simple moving average of $21.19 and a two-hundred day simple moving average of $22.03. The firm has a market cap of $285.35 million, a P/E ratio of 9.72 and a beta of 1.24.

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.