Vontobel Holding Ltd. Decreases Stake in Franklin FTSE United Kingdom ETF $FLGB

Vontobel Holding Ltd. reduced its stake in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 10.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 107,400 shares of the company’s stock after selling 12,800 shares during the period. Vontobel Holding Ltd. owned about 0.42% of Franklin FTSE United Kingdom ETF worth $3,278,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Bell Investment Advisors Inc increased its stake in Franklin FTSE United Kingdom ETF by 13.3% in the 1st quarter. Bell Investment Advisors Inc now owns 4,557 shares of the company’s stock worth $131,000 after purchasing an additional 536 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Franklin FTSE United Kingdom ETF by 86,600.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 867 shares of the company’s stock worth $25,000 after purchasing an additional 866 shares during the period. AlphaCore Capital LLC purchased a new position in Franklin FTSE United Kingdom ETF in the 1st quarter worth approximately $33,000. Ackerman Asset Management LLC purchased a new position in Franklin FTSE United Kingdom ETF in the 1st quarter worth approximately $223,000. Finally, LPL Financial LLC increased its stake in shares of Franklin FTSE United Kingdom ETF by 106.8% during the first quarter. LPL Financial LLC now owns 436,122 shares of the company’s stock valued at $12,500,000 after buying an additional 225,219 shares during the period.

Franklin FTSE United Kingdom ETF Stock Performance

FLGB opened at $32.07 on Friday. Franklin FTSE United Kingdom ETF has a 52-week low of $25.10 and a 52-week high of $32.86. The stock has a market capitalization of $856.27 million, a PE ratio of 15.48 and a beta of 0.87. The stock’s 50 day moving average price is $31.93 and its 200-day moving average price is $30.50.

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.