Envestnet Portfolio Solutions Inc. Has $927,000 Stock Position in Franklin FTSE United Kingdom ETF $FLGB

Envestnet Portfolio Solutions Inc. lowered its stake in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 10.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,259 shares of the company’s stock after selling 3,387 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Franklin FTSE United Kingdom ETF were worth $927,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in FLGB. Northwestern Mutual Wealth Management Co. boosted its position in Franklin FTSE United Kingdom ETF by 86,600.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 867 shares of the company’s stock valued at $25,000 after buying an additional 866 shares in the last quarter. AlphaCore Capital LLC acquired a new stake in Franklin FTSE United Kingdom ETF in the first quarter valued at approximately $33,000. Bell Investment Advisors Inc boosted its position 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 valued at $131,000 after buying an additional 536 shares in the last quarter. Ackerman Asset Management LLC acquired a new stake in Franklin FTSE United Kingdom ETF in the first quarter valued at approximately $223,000. Finally, Cetera Investment Advisers boosted its position in Franklin FTSE United Kingdom ETF by 9.4% in the first quarter. Cetera Investment Advisers now owns 8,482 shares of the company’s stock valued at $243,000 after buying an additional 731 shares in the last quarter.

Franklin FTSE United Kingdom ETF Price Performance

Shares of Franklin FTSE United Kingdom ETF stock opened at $32.29 on Monday. Franklin FTSE United Kingdom ETF has a fifty-two week low of $25.10 and a fifty-two week high of $32.86. The firm has a market capitalization of $862.14 million, a P/E ratio of 15.48 and a beta of 0.87. The company’s 50 day moving average price is $32.05 and its two-hundred day moving average price is $30.65.

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.