GHP Investment Advisors Inc. Boosts Stock Position in Franklin FTSE United Kingdom ETF $FLGB

GHP Investment Advisors Inc. lifted its position in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 3.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 762,225 shares of the company’s stock after buying an additional 23,647 shares during the quarter. Franklin FTSE United Kingdom ETF makes up 1.0% of GHP Investment Advisors Inc.’s investment portfolio, making the stock its 15th largest holding. GHP Investment Advisors Inc. owned approximately 2.96% of Franklin FTSE United Kingdom ETF worth $23,347,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of 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 valued at $25,000 after buying an additional 866 shares during the period. AlphaCore Capital LLC purchased a new stake in shares of Franklin FTSE United Kingdom ETF in the 1st quarter valued at $33,000. Bell Investment Advisors Inc raised 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 buying an additional 536 shares during the period. 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 raised its holdings in shares of Franklin FTSE United Kingdom ETF by 9.4% in the 1st quarter. Cetera Investment Advisers now owns 8,482 shares of the company’s stock valued at $243,000 after buying an additional 731 shares during the period.

Franklin FTSE United Kingdom ETF Trading Down 0.2%

FLGB stock opened at $32.78 on Friday. Franklin FTSE United Kingdom ETF has a 12-month low of $25.10 and a 12-month high of $33.13. The company has a market capitalization of $919.48 million, a PE ratio of 15.48 and a beta of 0.75. The business’s fifty day moving average price is $32.24 and its 200 day moving average price is $31.08.

About Franklin FTSE United Kingdom ETF

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.