Lumbard & Kellner LLC Increases Position in Franklin FTSE South Korea ETF (NYSEARCA:FLKR)

Lumbard & Kellner LLC increased its position in shares of Franklin FTSE South Korea ETF (NYSEARCA:FLKR) by 1.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 208,575 shares of the company’s stock after purchasing an additional 2,924 shares during the period. Franklin FTSE South Korea ETF accounts for 2.2% of Lumbard & Kellner LLC’s portfolio, making the stock its 19th largest holding. Lumbard & Kellner LLC’s holdings in Franklin FTSE South Korea ETF were worth $4,562,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of FLKR. Eagle Bay Advisors LLC lifted its stake in Franklin FTSE South Korea ETF by 606.9% in the 2nd quarter. Eagle Bay Advisors LLC now owns 1,230 shares of the company’s stock worth $27,000 after purchasing an additional 1,056 shares in the last quarter. Meitav Investment House Ltd. boosted its stake in Franklin FTSE South Korea ETF by 4.7% during the second quarter. Meitav Investment House Ltd. now owns 48,542 shares of the company’s stock valued at $1,062,000 after buying an additional 2,183 shares during the last quarter. Leavell Investment Management Inc. purchased a new position in Franklin FTSE South Korea ETF during the 1st quarter valued at approximately $1,633,000. Finally, Marotta Asset Management raised its holdings in shares of Franklin FTSE South Korea ETF by 29.9% during the 1st quarter. Marotta Asset Management now owns 154,635 shares of the company’s stock worth $3,615,000 after acquiring an additional 35,627 shares in the last quarter.

Franklin FTSE South Korea ETF Price Performance

Shares of FLKR opened at $20.99 on Wednesday. The stock has a market capitalization of $270.77 million, a price-to-earnings ratio of 9.72 and a beta of 1.24. Franklin FTSE South Korea ETF has a 1 year low of $18.64 and a 1 year high of $23.70. The business’s 50 day simple moving average is $21.39 and its 200-day simple moving average is $22.11.

Franklin FTSE South Korea ETF Company 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.