Marotta Asset Management Purchases Shares of 228,088 Franklin FTSE Switzerland ETF (NYSEARCA:FLSW)

Marotta Asset Management purchased a new stake in Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 228,088 shares of the company’s stock, valued at approximately $7,243,000. Franklin FTSE Switzerland ETF accounts for approximately 1.6% of Marotta Asset Management’s holdings, making the stock its 20th largest holding. Marotta Asset Management owned approximately 13.42% of Franklin FTSE Switzerland ETF as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. UBS Group AG raised its position in Franklin FTSE Switzerland ETF by 56,333.3% in the 1st quarter. UBS Group AG now owns 1,693 shares of the company’s stock valued at $57,000 after purchasing an additional 1,690 shares in the last quarter. LPL Financial LLC purchased a new stake in shares of Franklin FTSE Switzerland ETF in the 4th quarter valued at approximately $230,000. Jane Street Group LLC purchased a new stake in shares of Franklin FTSE Switzerland ETF in the 4th quarter valued at approximately $269,000. Raymond James & Associates purchased a new stake in shares of Franklin FTSE Switzerland ETF in the 1st quarter valued at approximately $336,000. Finally, Franklin Resources Inc. purchased a new stake in shares of Franklin FTSE Switzerland ETF in the 4th quarter valued at approximately $727,000.

Franklin FTSE Switzerland ETF Stock Performance

Shares of NYSEARCA:FLSW traded down $0.12 on Thursday, hitting $30.88. 1,969 shares of the company’s stock were exchanged, compared to its average volume of 10,827. The firm’s 50-day moving average is $31.79 and its 200 day moving average is $31.76. The company has a market capitalization of $52.50 million, a PE ratio of 22.53 and a beta of 0.74. Franklin FTSE Switzerland ETF has a 1-year low of $25.12 and a 1-year high of $33.61.

Franklin FTSE Switzerland ETF Profile

The Franklin FTSE Switzerland ETF (FLSW) is an exchange-traded fund that is based on the FTSE Switzerland RIC Capped index, a market-cap-weighted index of Swiss equities, excluding small-caps. FLSW was launched on Feb 6, 2018 and is managed by Franklin Templeton.