Franklin FTSE Eurozone ETF (NYSEARCA:FLEU – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 5,884 shares, a growth of 427.7% from the August 31st total of 1,115 shares. Based on an average trading volume of 7,062 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.3% of the company’s stock are sold short.
Franklin FTSE Eurozone ETF Price Performance
Franklin FTSE Eurozone ETF stock traded up $0.25 during trading hours on Friday, reaching $35.49. The stock had a trading volume of 3,684 shares, compared to its average volume of 9,223. The company has a market cap of $70.98 million, a price-to-earnings ratio of 16.43 and a beta of 0.69. The business’s 50 day moving average price is $36.15 and its 200-day moving average price is $35.07. Franklin FTSE Eurozone ETF has a 52 week low of $30.96 and a 52 week high of $37.45.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of FLEU. Integrated Wealth Concepts LLC purchased a new stake in Franklin FTSE Eurozone ETF during the second quarter valued at approximately $34,000. Royal Bank of Canada increased its position in shares of Franklin FTSE Eurozone ETF by 8.0% during the first quarter. Royal Bank of Canada now owns 37,633 shares of the company’s stock worth $1,217,000 after purchasing an additional 2,797 shares in the last quarter. Sigma Planning Corp acquired a new position in shares of Franklin FTSE Eurozone ETF during the first quarter worth $226,000. Madison Asset Management LLC purchased a new stake in shares of Franklin FTSE Eurozone ETF during the 1st quarter valued at $371,000. Finally, Hedeker Wealth LLC lifted its holdings in shares of Franklin FTSE Eurozone ETF by 53.4% during the 2nd quarter. Hedeker Wealth LLC now owns 62,890 shares of the company’s stock valued at $2,251,000 after purchasing an additional 21,881 shares during the last quarter.
Franklin FTSE Eurozone ETF Company Profile
The Franklin FTSE Eurozone ETF Franklin FTSE Europe Hedged Fund (FLEU) is an exchange-traded fund that is based on the FTSE Developed Eurozone index. The fund tracks a market cap weighted index of large- and mid-cap companies in the developed Eurozone. The currency exposure is not hedged FLEU was launched on Nov 2, 2017 and is issued by Franklin Templeton.
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