Marotta Asset Management Grows Position in Franklin FTSE Switzerland ETF $FLSW

Marotta Asset Management raised its stake in shares of Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) by 8.2% during the third quarter, HoldingsChannel reports. The firm owned 260,442 shares of the company’s stock after purchasing an additional 19,724 shares during the quarter. Franklin FTSE Switzerland ETF makes up about 1.9% of Marotta Asset Management’s investment portfolio, making the stock its 18th largest position. Marotta Asset Management owned about 0.17% of Franklin FTSE Switzerland ETF worth $10,094,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FLSW. Jane Street Group LLC purchased a new stake in shares of Franklin FTSE Switzerland ETF during the first quarter valued at $2,343,000. Bank of America Corp DE raised its stake in Franklin FTSE Switzerland ETF by 2,165.4% in the 2nd quarter. Bank of America Corp DE now owns 7,861 shares of the company’s stock worth $298,000 after acquiring an additional 7,514 shares during the last quarter. North Capital Inc. acquired a new stake in Franklin FTSE Switzerland ETF during the 3rd quarter worth about $215,000. PGIM Custom Harvest LLC lifted its holdings in shares of Franklin FTSE Switzerland ETF by 3.1% during the second quarter. PGIM Custom Harvest LLC now owns 186,601 shares of the company’s stock worth $7,079,000 after purchasing an additional 5,538 shares during the period. Finally, Corient Private Wealth LLC raised its position in Franklin FTSE Switzerland ETF by 13.4% during the 2nd quarter. Corient Private Wealth LLC now owns 46,331 shares of the company’s stock worth $1,758,000 after buying an additional 5,478 shares during the last quarter.

Franklin FTSE Switzerland ETF Stock Performance

NYSEARCA:FLSW opened at $41.89 on Friday. The firm’s fifty day moving average is $39.80 and its two-hundred day moving average is $38.72. The firm has a market cap of $62.84 million, a price-to-earnings ratio of 207.56 and a beta of 0.80. Franklin FTSE Switzerland ETF has a one year low of $31.84 and a one year high of $41.89.

Franklin FTSE Switzerland ETF Company Profile

The Franklin FTSE Switzerland ETF (FLSW) is an exchange-traded fund that is based on the FTSE Switzerland RIC Capped index, a market-cap-weighted index of Swiss equities, excluding small-caps. FLSW was launched on Feb 6, 2018 and is managed by Franklin Templeton.