Lumbard & Kellner LLC Acquires 2,924 Shares of Franklin FTSE South Korea ETF (NYSEARCA:FLKR)

Lumbard & Kellner LLC grew its holdings in Franklin FTSE South Korea ETF (NYSEARCA:FLKR) by 1.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 208,575 shares of the company’s stock after purchasing an additional 2,924 shares during the period. Franklin FTSE South Korea ETF comprises about 2.2% of Lumbard & Kellner LLC’s investment portfolio, making the stock its 19th biggest holding. Lumbard & Kellner LLC owned 1.62% of Franklin FTSE South Korea ETF worth $4,562,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of FLKR. Marotta Asset Management grew its holdings in shares of Franklin FTSE South Korea ETF by 29.9% in the first 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 during the period. Eagle Bay Advisors LLC grew its holdings in shares of Franklin FTSE South Korea ETF by 606.9% in the second quarter. Eagle Bay Advisors LLC now owns 1,230 shares of the company’s stock worth $27,000 after acquiring an additional 1,056 shares during the period. Meitav Investment House Ltd. grew its holdings in shares of Franklin FTSE South Korea ETF by 4.7% in the second quarter. Meitav Investment House Ltd. now owns 48,542 shares of the company’s stock worth $1,062,000 after acquiring an additional 2,183 shares during the period. Finally, Leavell Investment Management Inc. bought a new stake in shares of Franklin FTSE South Korea ETF in the first quarter worth $1,633,000.

Franklin FTSE South Korea ETF Stock Performance

NYSEARCA:FLKR opened at $20.99 on Wednesday. The stock has a 50-day simple moving average of $21.39 and a two-hundred day simple moving average of $22.11. The firm has a market capitalization of $270.77 million, a PE ratio of 9.72 and a beta of 1.24. Franklin FTSE South Korea ETF has a 52-week low of $18.64 and a 52-week high of $23.70.

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.