Courier Capital LLC Trims Stake in Franklin FTSE Canada ETF $FLCA

Courier Capital LLC trimmed its holdings in shares of Franklin FTSE Canada ETF (NYSEARCA:FLCA) by 37.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,389 shares of the company’s stock after selling 17,586 shares during the quarter. Courier Capital LLC owned about 0.24% of Franklin FTSE Canada ETF worth $1,419,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Sage Advisory Services Ltd.Co. purchased a new position in Franklin FTSE Canada ETF during the fourth quarter worth about $1,955,000. Aureum Wealth Management LLC bought a new stake in Franklin FTSE Canada ETF during the fourth quarter worth about $2,039,000. Blue Trust Inc. lifted its stake in Franklin FTSE Canada ETF by 1,080.0% during the fourth quarter. Blue Trust Inc. now owns 826 shares of the company’s stock worth $40,000 after purchasing an additional 756 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Franklin FTSE Canada ETF by 1.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 17,857 shares of the company’s stock worth $874,000 after purchasing an additional 269 shares during the last quarter. Finally, Flow Traders U.S. LLC lifted its stake in Franklin FTSE Canada ETF by 403.0% during the third quarter. Flow Traders U.S. LLC now owns 36,628 shares of the company’s stock worth $1,663,000 after purchasing an additional 29,346 shares during the last quarter.

Franklin FTSE Canada ETF Price Performance

Shares of FLCA stock opened at $51.76 on Monday. The business has a 50-day moving average price of $50.33 and a two-hundred day moving average price of $48.48. Franklin FTSE Canada ETF has a 12-month low of $38.14 and a 12-month high of $52.84. The firm has a market cap of $724.64 million, a P/E ratio of 19.67 and a beta of 0.87.

Franklin FTSE Canada ETF 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.