Franklin FTSE Canada ETF (NYSEARCA:FLCA) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Franklin FTSE Canada ETF (NYSEARCA:FLCA) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $37.76 and traded as high as $38.89. Franklin FTSE Canada ETF shares last traded at $38.85, with a volume of 39,812 shares changing hands.

Franklin FTSE Canada ETF Trading Up 0.6 %

The company’s 50-day moving average price is $37.85 and its two-hundred day moving average price is $35.83. The company has a market cap of $461.40 million, a P/E ratio of 14.58 and a beta of 0.90.

Institutional Trading of Franklin FTSE Canada ETF

Large investors have recently added to or reduced their stakes in the business. Venturi Wealth Management LLC acquired a new stake in Franklin FTSE Canada ETF during the 3rd quarter worth about $40,000. Wilmington Savings Fund Society FSB purchased a new position in Franklin FTSE Canada ETF in the third quarter valued at about $133,000. EP Wealth Advisors LLC acquired a new position in shares of Franklin FTSE Canada ETF during the 3rd quarter worth $142,000. Jane Street Group LLC acquired a new position in Franklin FTSE Canada ETF during the third quarter worth $227,000. Finally, Integrated Wealth Concepts LLC raised its holdings in Franklin FTSE Canada ETF by 43.8% during the third quarter. Integrated Wealth Concepts LLC now owns 36,433 shares of the company’s stock valued at $1,372,000 after buying an additional 11,101 shares in the last quarter.

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.