Simon Quick Advisors LLC Has $8.75 Million Stake in Franklin FTSE United Kingdom ETF $FLGB

Simon Quick Advisors LLC reduced its position in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 7.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 251,770 shares of the company’s stock after selling 19,230 shares during the quarter. Simon Quick Advisors LLC owned approximately 1.06% of Franklin FTSE United Kingdom ETF worth $8,752,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its stake in Franklin FTSE United Kingdom ETF by 79.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,553 shares of the company’s stock worth $48,000 after buying an additional 686 shares during the last quarter. Hsbc Holdings PLC bought a new stake in Franklin FTSE United Kingdom ETF during the second quarter valued at $327,000. Flow Traders U.S. LLC bought a new stake in Franklin FTSE United Kingdom ETF during the second quarter valued at $308,000. Quantinno Capital Management LP grew its holdings in Franklin FTSE United Kingdom ETF by 11.5% during the 2nd quarter. Quantinno Capital Management LP now owns 52,984 shares of the company’s stock worth $1,623,000 after acquiring an additional 5,472 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Franklin FTSE United Kingdom ETF during the 2nd quarter worth about $144,000.

Franklin FTSE United Kingdom ETF Trading Up 0.1%

FLGB stock opened at $36.16 on Friday. The stock has a 50-day moving average price of $35.68 and a 200-day moving average price of $35.48. Franklin FTSE United Kingdom ETF has a 1-year low of $30.44 and a 1-year high of $37.37. The firm has a market cap of $884.11 million, a PE ratio of 15.48 and a beta of 0.64.

About Franklin FTSE United Kingdom ETF

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.