Inspire Advisors LLC Sells 38,464 Shares of Franklin FTSE South Korea ETF $FLKR

Inspire Advisors LLC cut its position in shares of Franklin FTSE South Korea ETF (NYSEARCA:FLKR) by 69.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,191 shares of the company’s stock after selling 38,464 shares during the quarter. Inspire Advisors LLC owned approximately 0.23% of Franklin FTSE South Korea ETF worth $464,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Leavell Investment Management Inc. lifted its position in shares of Franklin FTSE South Korea ETF by 7.6% during the 3rd quarter. Leavell Investment Management Inc. now owns 113,636 shares of the company’s stock worth $3,067,000 after buying an additional 8,049 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of Franklin FTSE South Korea ETF by 2,424.3% during the second quarter. Osaic Holdings Inc. now owns 12,470 shares of the company’s stock valued at $305,000 after acquiring an additional 11,976 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in Franklin FTSE South Korea ETF during the second quarter worth $4,140,000. EverSource Wealth Advisors LLC grew its stake in Franklin FTSE South Korea ETF by 121.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,231 shares of the company’s stock valued at $30,000 after purchasing an additional 674 shares during the period. Finally, Innealta Capital LLC grew its stake in Franklin FTSE South Korea ETF by 3.0% in the 2nd quarter. Innealta Capital LLC now owns 35,071 shares of the company’s stock valued at $857,000 after purchasing an additional 1,023 shares during the period.

Franklin FTSE South Korea ETF Price Performance

NYSEARCA FLKR opened at $36.38 on Wednesday. The business’s fifty day moving average is $32.15 and its 200-day moving average is $28.71. The stock has a market capitalization of $287.40 million, a price-to-earnings ratio of 10.49 and a beta of 1.23. Franklin FTSE South Korea ETF has a one year low of $16.54 and a one year high of $36.81.

Franklin FTSE South Korea ETF Profile

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