Thrivent Financial for Lutherans Has $9.96 Million Position in Franklin FTSE United Kingdom ETF $FLGB

Thrivent Financial for Lutherans boosted its stake in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 953.4% in the second quarter, HoldingsChannel reports. The firm owned 325,294 shares of the company’s stock after buying an additional 294,414 shares during the period. Thrivent Financial for Lutherans’ holdings in Franklin FTSE United Kingdom ETF were worth $9,964,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FLGB. Northwestern Mutual Wealth Management Co. boosted its position in shares of Franklin FTSE United Kingdom ETF by 86,600.0% during 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 in the last quarter. Geneos Wealth Management Inc. bought a new position in Franklin FTSE United Kingdom ETF in the second quarter worth approximately $25,000. Bell Investment Advisors Inc boosted its holdings in Franklin FTSE United Kingdom ETF by 13.3% in the first quarter. Bell Investment Advisors Inc now owns 4,557 shares of the company’s stock worth $131,000 after acquiring an additional 536 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Franklin FTSE United Kingdom ETF in the second quarter valued at approximately $144,000. Finally, Cetera Investment Advisers increased its holdings in shares of Franklin FTSE United Kingdom ETF by 9.4% during the first quarter. Cetera Investment Advisers now owns 8,482 shares of the company’s stock valued at $243,000 after acquiring an additional 731 shares in the last quarter.

Franklin FTSE United Kingdom ETF Stock Up 0.3%

Shares of NYSEARCA:FLGB opened at $33.55 on Thursday. Franklin FTSE United Kingdom ETF has a twelve month low of $25.10 and a twelve month high of $33.80. The stock’s 50 day moving average is $32.78 and its 200-day moving average is $31.86. The firm has a market capitalization of $941.08 million, a price-to-earnings ratio of 15.48 and a beta of 0.75.

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.