Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) Sets New 12-Month High at $28.58

Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) reached a new 52-week high on Thursday . The company traded as high as $28.58 and last traded at $28.55, with a volume of 10046 shares. The stock had previously closed at $28.10.

Franklin FTSE United Kingdom ETF Trading Down 1.2 %

The company’s 50 day simple moving average is $27.55 and its 200-day simple moving average is $26.91. The company has a market capitalization of $760.80 million, a price-to-earnings ratio of 13.37 and a beta of 0.73.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Envestnet Asset Management Inc. raised its stake in shares of Franklin FTSE United Kingdom ETF by 1,187.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 320,215 shares of the company’s stock valued at $8,418,000 after acquiring an additional 295,339 shares in the last quarter. Proquility Private Wealth Partners LLC boosted its holdings in shares of Franklin FTSE United Kingdom ETF by 985.7% during the 4th quarter. Proquility Private Wealth Partners LLC now owns 271,670 shares of the company’s stock worth $6,831,000 after buying an additional 246,648 shares during the period. Innealta Capital LLC boosted its holdings in shares of Franklin FTSE United Kingdom ETF by 96.4% during the 1st quarter. Innealta Capital LLC now owns 261,128 shares of the company’s stock worth $6,823,000 after buying an additional 128,175 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new position in Franklin FTSE United Kingdom ETF during the 2nd quarter worth $1,708,000. Finally, Thrivent Financial for Lutherans bought a new stake in Franklin FTSE United Kingdom ETF during the second quarter valued at about $726,000.

Franklin FTSE United Kingdom ETF Company 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.