Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) Stock Holdings Lowered by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lowered its stake in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB – Get Rating) by 62.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 56,302 shares of the company’s stock after selling 92,384 shares during the period. Envestnet Asset Management Inc.’s holdings in Franklin FTSE United Kingdom ETF were worth $1,288,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. JPMorgan Chase & Co. purchased a new position in Franklin FTSE United Kingdom ETF during the 1st quarter worth approximately $57,000. Private Advisor Group LLC purchased a new position in Franklin FTSE United Kingdom ETF during the 1st quarter valued at about $533,000. Cetera Investment Advisers grew its stake in Franklin FTSE United Kingdom ETF by 43.0% during the 1st quarter. Cetera Investment Advisers now owns 67,346 shares of the company’s stock valued at $1,705,000 after acquiring an additional 20,236 shares in the last quarter. Prudential Financial Inc. increased its holdings in shares of Franklin FTSE United Kingdom ETF by 5.7% in the 1st quarter. Prudential Financial Inc. now owns 136,244 shares of the company’s stock valued at $3,448,000 after purchasing an additional 7,305 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of Franklin FTSE United Kingdom ETF by 206.3% during the first quarter. Royal Bank of Canada now owns 88,810 shares of the company’s stock worth $2,248,000 after purchasing an additional 59,813 shares during the period.

Franklin FTSE United Kingdom ETF Stock Down 0.7 %

Shares of FLGB stock opened at $24.83 on Wednesday. Franklin FTSE United Kingdom ETF has a 12 month low of $18.98 and a 12 month high of $25.55. The firm has a market cap of $583.51 million, a PE ratio of 12.17 and a beta of 0.87. The stock has a 50 day moving average of $24.67 and a 200-day moving average of $24.02.

Franklin FTSE United Kingdom ETF Profile

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The Franklin FTSE United Kingdom ETF (FLGB) is an exchange-traded fund that is based on the FTSE UK RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap companies from the United Kingdom. FLGB was launched on Nov 2, 2017 and is managed by Franklin Templeton.