Innealta Capital LLC Trims Stock Holdings in Franklin FTSE United Kingdom ETF $FLGB

Innealta Capital LLC lessened its position in shares of Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 11.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 144,653 shares of the company’s stock after selling 18,208 shares during the quarter. Franklin FTSE United Kingdom ETF accounts for 2.3% of Innealta Capital LLC’s portfolio, making the stock its 11th largest position. Innealta Capital LLC owned approximately 0.56% of Franklin FTSE United Kingdom ETF worth $4,431,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Franklin FTSE United Kingdom ETF by 86,600.0% during the first 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 acquired a new stake in Franklin FTSE United Kingdom ETF during the 1st quarter valued at approximately $33,000. Bell Investment Advisors Inc boosted its holdings in shares of 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 valued at $131,000 after acquiring an additional 536 shares during the last quarter. Ackerman Asset Management LLC purchased a new stake in shares of Franklin FTSE United Kingdom ETF in the 1st quarter valued at $223,000. Finally, Cetera Investment Advisers increased its stake in shares of Franklin FTSE United Kingdom ETF by 9.4% in the first quarter. Cetera Investment Advisers now owns 8,482 shares of the company’s stock worth $243,000 after acquiring an additional 731 shares during the period.

Franklin FTSE United Kingdom ETF Price Performance

Shares of Franklin FTSE United Kingdom ETF stock opened at $32.74 on Friday. The stock has a market cap of $918.36 million, a PE ratio of 15.48 and a beta of 0.75. The firm has a fifty day moving average price of $32.29 and a 200 day moving average price of $31.18. Franklin FTSE United Kingdom ETF has a 1 year low of $25.10 and a 1 year high of $33.13.

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.