FLHY Stock: Franklin High Yield Corporate ETF Stock Price, Analysis & Insights
Get live flhy stock price $24.40, comprehensive Franklin High Yield Corporate ETF stock analysis, charts, news, and expert forecast. Real-time flhy stock data and investment insights.
Company Overview
Under normal market conditions, the fund invests at least 80% of its net assets in high yield corporate debt securities and investments that provide exposure to high yield corporate debt securities. It may invest up to 100% of its total assets in high yield debt securities. The fund may invest in debt securities of U.S. and foreign issuers, including those in developing or emerging markets. These securities may be U.S. dollar or non-U.S. dollar denominated.
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 651.52M market capitalization
- Trading Volume: 137.61K shares traded today
- Price Range: 52-week range of $22.64 - $24.53
- Exchange: Listed on Chicago Board Options Exchange
Financial Metrics
Market Analysis for Franklin High Yield Corporate ETF
Franklin High Yield Corporate ETF (FLHY) operates in the Asset Management industry within the Financial Services sector. With a current market capitalization of 651.52M, the company represents a significant player in its market. The stock is currently trading at $24.40 with a negativedaily change of 0.18%.
The company's substantial employee base and presence on the Chicago Board Options Exchangeexchange position it as a Financial Services sector leader. Investors should consider the stock's P/E ratio of N/A, beta of 0.66, and 52-week price range from $22.64 to $24.53when evaluating investment opportunities.
Why Invest in Franklin High Yield Corporate ETF?
Strengths
- • Established market presence in Financial Services
- • Strong financial metrics and market position
- • Listed on major exchange (Chicago Board Options Exchange)
- • Experienced leadership under
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Financial Services Stocks
About Financial Services Sector
The Financial Services sector includes companies that provide banking, insurance, investment, and other financial services to consumers and businesses.