Franklin FTSE Canada ETF (NYSEARCA:FLCA – Get Free Report) saw a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 27,503 shares, a drop of 47.1% from the May 14th total of 51,989 shares. Based on an average daily volume of 40,599 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the company’s stock are short sold.
Institutional Trading of Franklin FTSE Canada ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE raised its holdings in shares of Franklin FTSE Canada ETF by 20.4% in the first quarter. Bank of America Corp DE now owns 4,251,730 shares of the company’s stock valued at $208,080,000 after purchasing an additional 720,745 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Franklin FTSE Canada ETF by 2.3% during the fourth quarter. JPMorgan Chase & Co. now owns 1,970,219 shares of the company’s stock worth $95,162,000 after buying an additional 44,927 shares during the last quarter. Nottingham Advisors Inc. increased its holdings in Franklin FTSE Canada ETF by 2.3% during the first quarter. Nottingham Advisors Inc. now owns 287,509 shares of the company’s stock worth $14,071,000 after buying an additional 6,360 shares during the last quarter. Royal Bank of Canada increased its holdings in Franklin FTSE Canada ETF by 520.4% during the fourth quarter. Royal Bank of Canada now owns 272,728 shares of the company’s stock worth $13,173,000 after buying an additional 228,769 shares during the last quarter. Finally, ES4 LLC acquired a new position in Franklin FTSE Canada ETF during the fourth quarter worth $4,588,000.
Franklin FTSE Canada ETF Trading Up 0.4%
Shares of NYSEARCA FLCA traded up $0.19 during midday trading on Tuesday, reaching $53.11. The company’s stock had a trading volume of 11,328 shares, compared to its average volume of 74,879. Franklin FTSE Canada ETF has a fifty-two week low of $40.64 and a fifty-two week high of $53.21. The stock has a market capitalization of $759.47 million, a price-to-earnings ratio of 19.67 and a beta of 0.84. The stock has a 50 day simple moving average of $51.80 and a 200-day simple moving average of $50.09.
About Franklin FTSE Canada ETF
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.
Read More
- Five stocks we like better than Franklin FTSE Canada ETF
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
- 5 High-Yield Stocks With Analyst Support and Room to Run
- AST SpaceMobile Announces Launch Date for Its Next 3 BlueBird Satellites
- Is Lennar Finally Turning the Corner After Its Housing Slump?
Receive News & Ratings for Franklin FTSE Canada ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin FTSE Canada ETF and related companies with MarketBeat.com's FREE daily email newsletter.
