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

GHP Investment Advisors Inc. lifted its stake in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 2.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 800,187 shares of the company’s stock after buying an additional 19,845 shares during the period. Franklin FTSE United Kingdom ETF makes up approximately 1.1% of GHP Investment Advisors Inc.’s holdings, making the stock its 12th largest holding. GHP Investment Advisors Inc. owned about 3.38% of Franklin FTSE United Kingdom ETF worth $27,815,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FLGB. Swmg LLC grew its holdings in shares of Franklin FTSE United Kingdom ETF by 3.2% in the fourth quarter. Swmg LLC now owns 11,462 shares of the company’s stock worth $411,000 after purchasing an additional 356 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Franklin FTSE United Kingdom ETF by 31.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,178 shares of the company’s stock valued at $74,000 after buying an additional 523 shares during the last quarter. Geneos Wealth Management Inc. bought a new stake in Franklin FTSE United Kingdom ETF during the 2nd quarter valued at $25,000. Meridian Investment Counsel Inc. boosted its position in Franklin FTSE United Kingdom ETF by 1.3% during the 4th quarter. Meridian Investment Counsel Inc. now owns 67,775 shares of the company’s stock valued at $2,287,000 after buying an additional 850 shares during the period. Finally, MML Investors Services LLC boosted its position in Franklin FTSE United Kingdom ETF by 6.9% during the 4th quarter. MML Investors Services LLC now owns 17,096 shares of the company’s stock valued at $577,000 after buying an additional 1,097 shares during the period.

Franklin FTSE United Kingdom ETF Stock Up 1.1%

Shares of Franklin FTSE United Kingdom ETF stock opened at $35.65 on Friday. The company’s fifty day simple moving average is $35.76 and its two-hundred day simple moving average is $35.24. Franklin FTSE United Kingdom ETF has a 12-month low of $30.22 and a 12-month high of $37.37. The firm has a market cap of $844.90 million, a PE ratio of 15.48 and a beta of 0.64.

Franklin FTSE United Kingdom ETF 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.