Vontobel Holding Ltd. Trims Stock Holdings in Franklin FTSE United Kingdom ETF $FLGB

Vontobel Holding Ltd. trimmed its position in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 10.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 107,400 shares of the company’s stock after selling 12,800 shares during the period. Vontobel Holding Ltd.’s holdings in Franklin FTSE United Kingdom ETF were worth $3,278,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GHP Investment Advisors Inc. grew its stake in Franklin FTSE United Kingdom ETF by 2.0% in the first quarter. GHP Investment Advisors Inc. now owns 738,578 shares of the company’s stock worth $21,169,000 after purchasing an additional 14,294 shares during the period. LPL Financial LLC grew its stake in Franklin FTSE United Kingdom ETF by 106.8% in the first quarter. LPL Financial LLC now owns 436,122 shares of the company’s stock worth $12,500,000 after purchasing an additional 225,219 shares during the period. Envestnet Asset Management Inc. grew its stake in Franklin FTSE United Kingdom ETF by 17.3% in the first quarter. Envestnet Asset Management Inc. now owns 256,826 shares of the company’s stock worth $7,361,000 after purchasing an additional 37,872 shares during the period. Cabot Wealth Management Inc. grew its stake in Franklin FTSE United Kingdom ETF by 1.3% in the first quarter. Cabot Wealth Management Inc. now owns 106,850 shares of the company’s stock worth $3,062,000 after purchasing an additional 1,393 shares during the period. Finally, Meridian Investment Counsel Inc. grew its stake in Franklin FTSE United Kingdom ETF by 33.5% in the first quarter. Meridian Investment Counsel Inc. now owns 66,225 shares of the company’s stock worth $1,898,000 after purchasing an additional 16,625 shares during the period.

Franklin FTSE United Kingdom ETF Stock Down 0.9%

Shares of FLGB stock opened at $32.07 on Friday. The business’s fifty day moving average is $31.93 and its 200 day moving average is $30.50. Franklin FTSE United Kingdom ETF has a twelve month low of $25.10 and a twelve month high of $32.86. The stock has a market cap of $856.27 million, a price-to-earnings ratio of 15.48 and a beta of 0.87.

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.