Franklin FTSE Canada ETF (NYSEARCA:FLCA) Stake Lifted by Bank of Montreal Can

Bank of Montreal Can increased its position in shares of Franklin FTSE Canada ETF (NYSEARCA:FLCA) by 35.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,973 shares of the company’s stock after purchasing an additional 12,920 shares during the period. Bank of Montreal Can’s holdings in Franklin FTSE Canada ETF were worth $1,792,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in shares of Franklin FTSE Canada ETF during the 3rd quarter valued at $133,000. HighTower Advisors LLC bought a new position in Franklin FTSE Canada ETF during the fourth quarter valued at about $204,000. Jane Street Group LLC acquired a new position in Franklin FTSE Canada ETF during the third quarter worth about $227,000. Wealthfront Advisers LLC bought a new stake in Franklin FTSE Canada ETF in the fourth quarter worth about $336,000. Finally, Brueske Advisory Services LLC acquired a new stake in Franklin FTSE Canada ETF in the 4th quarter valued at about $656,000.

Franklin FTSE Canada ETF Trading Up 0.6 %

NYSEARCA:FLCA opened at $37.13 on Thursday. The company has a 50-day moving average of $37.08 and a 200-day moving average of $37.49. The firm has a market cap of $399.15 million, a price-to-earnings ratio of 17.92 and a beta of 0.93. Franklin FTSE Canada ETF has a twelve month low of $32.08 and a twelve month high of $39.45.

About Franklin FTSE Canada ETF

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.