Franklin Resources Inc. Sells 65,000 Shares of Franklin FTSE Eurozone ETF $FLEU

Franklin Resources Inc. trimmed its position in shares of Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) by 59.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,000 shares of the company’s stock after selling 65,000 shares during the period. Franklin Resources Inc. owned 2.81% of Franklin FTSE Eurozone ETF worth $1,391,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FLEU. Envestnet Asset Management Inc. increased its stake in Franklin FTSE Eurozone ETF by 12.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 71,819 shares of the company’s stock worth $2,221,000 after buying an additional 8,079 shares in the last quarter. Hedeker Wealth LLC bought a new position in shares of Franklin FTSE Eurozone ETF in the second quarter worth about $208,000. Finally, Addison Advisors LLC purchased a new stake in shares of Franklin FTSE Eurozone ETF during the second quarter worth about $68,000.

Franklin FTSE Eurozone ETF Trading Down 0.0%

Shares of FLEU opened at $32.76 on Friday. The business’s 50 day moving average is $32.26 and its 200 day moving average is $31.40. Franklin FTSE Eurozone ETF has a 12-month low of $23.50 and a 12-month high of $34.32. The company has a market capitalization of $58.97 million, a PE ratio of 16.43 and a beta of 0.75.

Franklin FTSE Eurozone ETF Profile

The Franklin FTSE Eurozone ETF Franklin FTSE Europe Hedged Fund (FLEU) is an exchange-traded fund that is based on the FTSE Developed Eurozone index. The fund tracks a market cap weighted index of large- and mid-cap companies in the developed Eurozone. The currency exposure is not hedged FLEU was launched on Nov 2, 2017 and is issued by Franklin Templeton.