Aureum Wealth Management LLC Buys New Stake in Franklin FTSE Canada ETF $FLCA

Aureum Wealth Management LLC purchased a new stake in shares of Franklin FTSE Canada ETF (NYSEARCA:FLCA) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 42,206 shares of the company’s stock, valued at approximately $2,039,000. Franklin FTSE Canada ETF accounts for approximately 1.9% of Aureum Wealth Management LLC’s investment portfolio, making the stock its 18th largest holding. Aureum Wealth Management LLC owned approximately 0.34% of Franklin FTSE Canada ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Bank of America Corp DE grew its position in Franklin FTSE Canada ETF by 1.5% in the 3rd quarter. Bank of America Corp DE now owns 3,506,742 shares of the company’s stock valued at $159,216,000 after buying an additional 51,324 shares in the last quarter. Nottingham Advisors Inc. lifted its stake in shares of Franklin FTSE Canada ETF by 3.0% in the 3rd quarter. Nottingham Advisors Inc. now owns 290,990 shares of the company’s stock worth $13,212,000 after acquiring an additional 8,462 shares during the period. Simon Quick Advisors LLC lifted its stake in shares of Franklin FTSE Canada ETF by 0.3% in the 3rd quarter. Simon Quick Advisors LLC now owns 120,904 shares of the company’s stock worth $5,489,000 after acquiring an additional 320 shares during the period. Flow Traders U.S. LLC boosted its holdings in shares of Franklin FTSE Canada ETF by 403.0% in the third quarter. Flow Traders U.S. LLC now owns 36,628 shares of the company’s stock valued at $1,663,000 after acquiring an additional 29,346 shares in the last quarter. Finally, FDx Advisors Inc. acquired a new position in shares of Franklin FTSE Canada ETF during the third quarter valued at approximately $938,000.

Franklin FTSE Canada ETF Price Performance

Shares of NYSEARCA:FLCA opened at $51.80 on Thursday. The stock has a market cap of $725.20 million, a price-to-earnings ratio of 19.67 and a beta of 0.87. Franklin FTSE Canada ETF has a 12 month low of $37.72 and a 12 month high of $52.84. The stock’s 50 day moving average price is $50.25 and its 200 day moving average price is $48.38.

Franklin FTSE Canada ETF Company Profile

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.