Marotta Asset Management Has $1.43 Million Holdings in Franklin FTSE Australia ETF (NYSEARCA:FLAU)

Marotta Asset Management trimmed its stake in shares of Franklin FTSE Australia ETF (NYSEARCA:FLAU) by 22.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,429 shares of the company’s stock after selling 12,933 shares during the period. Marotta Asset Management owned about 4.94% of Franklin FTSE Australia ETF worth $1,427,000 as of its most recent SEC filing.

Separately, Eagle Bay Advisors LLC grew its position in Franklin FTSE Australia ETF by 105.0% in the first quarter. Eagle Bay Advisors LLC now owns 2,460 shares of the company’s stock valued at $71,000 after purchasing an additional 1,260 shares in the last quarter.

Franklin FTSE Australia ETF Stock Down 1.0 %

FLAU stock opened at $31.56 on Friday. Franklin FTSE Australia ETF has a twelve month low of $23.99 and a twelve month high of $32.28. The company has a market cap of $28.40 million, a price-to-earnings ratio of 15.29 and a beta of 1.11. The business has a 50 day moving average price of $30.14 and a two-hundred day moving average price of $29.27.

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.