24,185 Shares in Franklin FTSE Australia ETF $FLAU Bought by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. bought a new stake in shares of Franklin FTSE Australia ETF (NYSEARCA:FLAU) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 24,185 shares of the company’s stock, valued at approximately $668,000. Goldman Sachs Group Inc. owned approximately 1.18% of Franklin FTSE Australia ETF at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Jane Street Group LLC increased its position in Franklin FTSE Australia ETF by 10.5% during the 1st quarter. Jane Street Group LLC now owns 11,480 shares of the company’s stock valued at $317,000 after buying an additional 1,094 shares in the last quarter. Marotta Asset Management increased its position in Franklin FTSE Australia ETF by 12.5% during the 1st quarter. Marotta Asset Management now owns 44,429 shares of the company’s stock valued at $1,228,000 after buying an additional 4,946 shares in the last quarter. Flow Traders U.S. LLC increased its position in Franklin FTSE Australia ETF by 120.5% during the 1st quarter. Flow Traders U.S. LLC now owns 48,739 shares of the company’s stock valued at $1,347,000 after buying an additional 26,640 shares in the last quarter. Finally, Allianz Asset Management GmbH increased its position in Franklin FTSE Australia ETF by 14.6% during the 1st quarter. Allianz Asset Management GmbH now owns 1,216,788 shares of the company’s stock valued at $33,625,000 after buying an additional 154,800 shares in the last quarter.

Franklin FTSE Australia ETF Price Performance

Shares of NYSEARCA:FLAU opened at $31.68 on Thursday. The business’s 50-day moving average is $31.83 and its 200 day moving average is $30.18. Franklin FTSE Australia ETF has a 1 year low of $24.41 and a 1 year high of $32.85. The firm has a market capitalization of $72.86 million, a P/E ratio of 20.41 and a beta of 1.06.

Franklin FTSE Australia ETF Company Profile

The Franklin FTSE Australia ETF (FLAU) is an exchange-traded fund that is based on the FTSE Australia RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Australian stocks. FLAU was launched on Nov 2, 2017 and is managed by Franklin Templeton.