Wealthfront Advisers LLC Buys Shares of 8,427 Franklin FTSE Australia ETF (NYSEARCA:FLAU)

Wealthfront Advisers LLC bought a new stake in shares of Franklin FTSE Australia ETF (NYSEARCA:FLAU) in the 4th quarter, HoldingsChannel reports. The fund bought 8,427 shares of the company’s stock, valued at approximately $236,000.

Franklin FTSE Australia ETF Price Performance

FLAU stock opened at $28.25 on Tuesday. Franklin FTSE Australia ETF has a 1-year low of $27.10 and a 1-year high of $32.28. The firm has a fifty day moving average price of $28.90 and a two-hundred day moving average price of $29.90. The firm has a market cap of $48.03 million, a price-to-earnings ratio of 20.42 and a beta of 1.18.

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.