EverSource Wealth Advisors LLC Grows Stock Holdings in Franklin FTSE Australia ETF (NYSEARCA:FLAU)

EverSource Wealth Advisors LLC grew its holdings in Franklin FTSE Australia ETF (NYSEARCA:FLAU) by 59.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,107 shares of the company’s stock after purchasing an additional 4,899 shares during the quarter. EverSource Wealth Advisors LLC owned about 1.46% of Franklin FTSE Australia ETF worth $367,000 as of its most recent SEC filing.

Separately, Wealthfront Advisers LLC purchased a new position in Franklin FTSE Australia ETF in the 4th quarter worth approximately $236,000.

Franklin FTSE Australia ETF Price Performance

FLAU opened at $27.79 on Friday. The company’s 50 day simple moving average is $28.92 and its two-hundred day simple moving average is $29.95. Franklin FTSE Australia ETF has a 1-year low of $27.10 and a 1-year high of $32.28. The firm has a market capitalization of $47.24 million, a price-to-earnings ratio of 20.42 and a beta of 1.18.

Franklin FTSE Australia ETF 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.