UBS Group AG Has $10.37 Million Position in Franklin FTSE United Kingdom ETF $FLGB

UBS Group AG cut its stake in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 9.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 307,234 shares of the company’s stock after selling 33,088 shares during the quarter. UBS Group AG’s holdings in Franklin FTSE United Kingdom ETF were worth $10,369,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Archford Capital Strategies LLC acquired a new position in shares of Franklin FTSE United Kingdom ETF in the fourth quarter worth $1,168,000. Avestar Capital LLC increased its stake in shares of Franklin FTSE United Kingdom ETF by 55.2% in the third quarter. Avestar Capital LLC now owns 43,788 shares of the company’s stock worth $1,415,000 after acquiring an additional 15,574 shares during the last quarter. Siligmueller & Norvid Wealth Advisors LLC acquired a new position in shares of Franklin FTSE United Kingdom ETF in the third quarter worth $565,000. GHP Investment Advisors Inc. increased its stake in shares of Franklin FTSE United Kingdom ETF by 1.3% in the fourth quarter. GHP Investment Advisors Inc. now owns 780,342 shares of the company’s stock worth $26,337,000 after acquiring an additional 9,926 shares during the last quarter. Finally, Meridian Investment Counsel Inc. increased its stake in shares of Franklin FTSE United Kingdom ETF by 1.3% in the fourth quarter. Meridian Investment Counsel Inc. now owns 67,775 shares of the company’s stock worth $2,287,000 after acquiring an additional 850 shares during the last quarter.

Franklin FTSE United Kingdom ETF Trading Down 2.2%

NYSEARCA FLGB opened at $34.84 on Friday. Franklin FTSE United Kingdom ETF has a 1-year low of $29.74 and a 1-year high of $37.37. The company has a market capitalization of $825.71 million, a PE ratio of 15.48 and a beta of 0.65. The firm’s fifty day simple moving average is $35.39 and its 200-day simple moving average is $34.63.

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.