Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) Shares Climb 0.2% – Still a Buy?

Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) shares traded up 0.2% on Monday. The company traded as high as $36.91 and last traded at $36.72. 30,548 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 155,346 shares. The stock had previously closed at $36.64.

Franklin FTSE United Kingdom ETF Trading Up 0.2%

The business has a 50 day moving average of $36.66 and a 200-day moving average of $35.96. The stock has a market cap of $864.76 million, a PE ratio of 15.48 and a beta of 0.64.

Institutional Investors Weigh In On Franklin FTSE United Kingdom ETF

Large investors have recently modified their holdings of the stock. Dynamic Wealth Strategies LLC raised its stake in shares of Franklin FTSE United Kingdom ETF by 32.9% during the 3rd quarter. Dynamic Wealth Strategies LLC now owns 16,497 shares of the company’s stock worth $591,000 after buying an additional 4,082 shares during the last quarter. Citadel Advisors LLC lifted its stake in shares of Franklin FTSE United Kingdom ETF by 51.0% during the 2nd quarter. Citadel Advisors LLC now owns 52,030 shares of the company’s stock worth $1,836,000 after purchasing an additional 17,564 shares during the period. Quantinno Capital Management LP grew its position in shares of Franklin FTSE United Kingdom ETF by 29.8% in the first quarter. Quantinno Capital Management LP now owns 63,979 shares of the company’s stock valued at $2,224,000 after purchasing an additional 14,704 shares during the period. Morningstar Investment Management LLC purchased a new stake in shares of Franklin FTSE United Kingdom ETF in the first quarter valued at $7,507,000. Finally, Assetmark Inc. boosted its stake in Franklin FTSE United Kingdom ETF by 2.2% in the 1st quarter. Assetmark Inc. now owns 292,796 shares of the company’s stock worth $10,178,000 after buying an additional 6,176 shares during the last quarter.

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.