Royal Bank of Canada Sells 170,665 Shares of Franklin FTSE Europe ETF $FLEE

Royal Bank of Canada reduced its holdings in shares of Franklin FTSE Europe ETF (NYSEARCA:FLEE) by 96.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,478 shares of the company’s stock after selling 170,665 shares during the period. Royal Bank of Canada owned 0.22% of Franklin FTSE Europe ETF worth $236,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Fifth Third Bancorp bought a new stake in shares of Franklin FTSE Europe ETF in the first quarter worth $691,000. EP Wealth Advisors LLC bought a new position in shares of Franklin FTSE Europe ETF during the 4th quarter valued at approximately $24,010,000. LPL Financial LLC increased its holdings in shares of Franklin FTSE Europe ETF by 8.5% in the 4th quarter. LPL Financial LLC now owns 24,818 shares of the company’s stock worth $907,000 after buying an additional 1,952 shares during the last quarter. Kestra Private Wealth Services LLC lifted its stake in shares of Franklin FTSE Europe ETF by 4.0% in the 4th quarter. Kestra Private Wealth Services LLC now owns 7,498 shares of the company’s stock valued at $274,000 after purchasing an additional 288 shares during the last quarter. Finally, Susquehanna International Group LLP bought a new position in Franklin FTSE Europe ETF during the 3rd quarter valued at about $589,000.

Franklin FTSE Europe ETF Stock Down 0.2%

FLEE opened at $40.02 on Friday. The stock has a market cap of $120.06 million, a P/E ratio of 16.76 and a beta of 0.82. Franklin FTSE Europe ETF has a 52-week low of $33.58 and a 52-week high of $40.53. The business has a fifty day moving average of $39.29 and a 200 day moving average of $38.53.

Franklin FTSE Europe ETF Company Profile

The Franklin FTSE Europe ETF (FLEE) is an exchange-traded fund that is based on the FTSE Developed Europe RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap stocks in developed European countries. FLEE was launched on Nov 2, 2017 and is managed by Franklin Templeton.