Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) Sees Large Volume Increase – What’s Next?

Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) saw unusually-high trading volume on Thursday . Approximately 155,936 shares traded hands during trading, an increase of 30% from the previous session’s volume of 120,002 shares.The stock last traded at $26.54 and had previously closed at $27.04.

Franklin FTSE United Kingdom ETF Trading Up 2.9 %

The firm has a market cap of $692.91 million, a PE ratio of 16.57 and a beta of 0.73. The stock has a 50 day simple moving average of $28.16 and a 200-day simple moving average of $27.55.

Institutional Trading of Franklin FTSE United Kingdom ETF

Institutional investors have recently made changes to their positions in the business. Huntington National Bank boosted its holdings in Franklin FTSE United Kingdom ETF by 141.7% in the fourth quarter. Huntington National Bank now owns 1,578 shares of the company’s stock worth $41,000 after acquiring an additional 925 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Franklin FTSE United Kingdom ETF in the 3rd quarter valued at $257,000. Farther Finance Advisors LLC grew its holdings in Franklin FTSE United Kingdom ETF by 4.5% during the fourth quarter. Farther Finance Advisors LLC now owns 9,374 shares of the company’s stock worth $245,000 after acquiring an additional 401 shares during the period. Choreo LLC boosted its holdings in Franklin FTSE United Kingdom ETF by 4.7% during the fourth quarter. Choreo LLC now owns 9,673 shares of the company’s stock worth $253,000 after buying an additional 432 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. grew its position in Franklin FTSE United Kingdom ETF by 2.8% during the fourth quarter. Transamerica Financial Advisors Inc. now owns 16,175 shares of the company’s stock valued at $424,000 after buying an additional 444 shares during the period.

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.