Morningstar Investment Management LLC Makes New $7.51 Million Investment in Franklin FTSE United Kingdom ETF $FLGB

Morningstar Investment Management LLC acquired a new stake in shares of Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 215,970 shares of the company’s stock, valued at approximately $7,507,000. Morningstar Investment Management LLC owned approximately 0.91% of Franklin FTSE United Kingdom ETF at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Geneos Wealth Management Inc. bought a new position in shares of Franklin FTSE United Kingdom ETF during the 2nd quarter worth approximately $25,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Franklin FTSE United Kingdom ETF in the 4th quarter valued at $43,000. Northwestern Mutual Wealth Management Co. grew its position in Franklin FTSE United Kingdom ETF by 79.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,553 shares of the company’s stock valued at $48,000 after acquiring an additional 686 shares during the period. Triumph Capital Management bought a new stake in Franklin FTSE United Kingdom ETF in the third quarter valued at $110,000. Finally, Bayban bought a new stake in Franklin FTSE United Kingdom ETF in the fourth quarter valued at $150,000.

Franklin FTSE United Kingdom ETF Price Performance

Franklin FTSE United Kingdom ETF stock opened at $36.29 on Friday. The firm has a market capitalization of $887.29 million, a P/E ratio of 15.48 and a beta of 0.64. The stock has a fifty day moving average price of $35.74 and a two-hundred day moving average price of $35.56. Franklin FTSE United Kingdom ETF has a 52-week low of $30.44 and a 52-week high of $37.37.

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.