Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lessened its position in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 35.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 218,954 shares of the company’s stock after selling 120,260 shares during the quarter. Envestnet Asset Management Inc. owned about 0.81% of Franklin FTSE United Kingdom ETF worth $5,734,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. GHP Investment Advisors Inc. boosted its stake in Franklin FTSE United Kingdom ETF by 33.6% during the 4th quarter. GHP Investment Advisors Inc. now owns 724,284 shares of the company’s stock worth $18,969,000 after purchasing an additional 182,192 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of Franklin FTSE United Kingdom ETF by 443.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 169,516 shares of the company’s stock worth $4,470,000 after buying an additional 138,297 shares in the last quarter. Assetmark Inc. boosted its position in Franklin FTSE United Kingdom ETF by 15,029.7% during the fourth quarter. Assetmark Inc. now owns 129,208 shares of the company’s stock worth $3,384,000 after acquiring an additional 128,354 shares during the last quarter. Brueske Advisory Services LLC purchased a new stake in Franklin FTSE United Kingdom ETF during the 4th quarter valued at about $707,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Franklin FTSE United Kingdom ETF in the 3rd quarter valued at about $257,000.

Franklin FTSE United Kingdom ETF Price Performance

Shares of Franklin FTSE United Kingdom ETF stock opened at $28.17 on Tuesday. The stock’s 50 day simple moving average is $28.18 and its 200-day simple moving average is $27.53. The stock has a market cap of $715.52 million, a P/E ratio of 16.57 and a beta of 0.73. Franklin FTSE United Kingdom ETF has a 1-year low of $25.10 and a 1-year high of $29.25.

Franklin FTSE United Kingdom ETF Profile

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.