Golden State Wealth Management LLC Increases Position in Franklin FTSE South Korea ETF (NYSEARCA:FLKR)

Golden State Wealth Management LLC lifted its holdings in shares of Franklin FTSE South Korea ETF (NYSEARCA:FLKR) by 100.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,194 shares of the company’s stock after acquiring an additional 1,097 shares during the quarter. Golden State Wealth Management LLC’s holdings in Franklin FTSE South Korea ETF were worth $40,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Bank of America Corp DE increased its holdings in Franklin FTSE South Korea ETF by 362.1% in the fourth quarter. Bank of America Corp DE now owns 399,238 shares of the company’s stock valued at $6,951,000 after buying an additional 312,837 shares during the last quarter. HighTower Advisors LLC bought a new stake in Franklin FTSE South Korea ETF in the fourth quarter valued at about $4,891,000. Citadel Advisors LLC grew its holdings in shares of Franklin FTSE South Korea ETF by 84.4% during the fourth quarter. Citadel Advisors LLC now owns 101,535 shares of the company’s stock valued at $1,768,000 after purchasing an additional 46,469 shares during the last quarter. GTS Securities LLC bought a new position in shares of Franklin FTSE South Korea ETF during the fourth quarter valued at approximately $390,000. Finally, Boltwood Capital Management bought a new position in shares of Franklin FTSE South Korea ETF during the first quarter valued at approximately $303,000.

Franklin FTSE South Korea ETF Trading Down 0.1%

NYSEARCA:FLKR opened at $24.41 on Wednesday. The firm has a market capitalization of $158.67 million, a PE ratio of 10.49 and a beta of 1.17. The stock has a 50 day moving average of $21.28 and a 200-day moving average of $19.54. Franklin FTSE South Korea ETF has a 52 week low of $16.54 and a 52 week high of $24.73.

About Franklin FTSE South Korea ETF

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.