Franklin FTSE Eurozone ETF $FLEU Stock Position Lowered by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. decreased its position in Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) by 55.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,894 shares of the company’s stock after selling 39,925 shares during the quarter. Envestnet Asset Management Inc. owned about 1.77% of Franklin FTSE Eurozone ETF worth $1,024,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Addison Advisors LLC bought a new position in shares of Franklin FTSE Eurozone ETF during the 2nd quarter valued at about $68,000. Hedeker Wealth LLC bought a new stake in Franklin FTSE Eurozone ETF during the second quarter worth approximately $208,000. Jane Street Group LLC boosted its holdings in Franklin FTSE Eurozone ETF by 17.4% during the second quarter. Jane Street Group LLC now owns 13,239 shares of the company’s stock worth $409,000 after buying an additional 1,963 shares in the last quarter. Cornerstone Wealth Management LLC acquired a new position in Franklin FTSE Eurozone ETF in the third quarter worth approximately $461,000. Finally, Osaic Holdings Inc. increased its holdings in shares of Franklin FTSE Eurozone ETF by 133.9% in the second quarter. Osaic Holdings Inc. now owns 32,500 shares of the company’s stock valued at $1,005,000 after buying an additional 18,607 shares in the last quarter.

Franklin FTSE Eurozone ETF Stock Down 3.7%

FLEU opened at $33.38 on Wednesday. The firm has a market cap of $60.08 million, a PE ratio of 16.43 and a beta of 0.75. The business has a fifty day simple moving average of $34.47 and a 200-day simple moving average of $32.94. Franklin FTSE Eurozone ETF has a fifty-two week low of $23.50 and a fifty-two week high of $35.96.

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.