Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) Sets New 1-Year High at $28.67

Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) reached a new 52-week high during trading on Wednesday . The company traded as high as $28.67 and last traded at $28.67, with a volume of 168 shares changing hands. The stock had previously closed at $28.60.

Franklin FTSE United Kingdom ETF Trading Down 0.2 %

The stock has a market capitalization of $769.42 million, a price-to-earnings ratio of 13.37 and a beta of 0.73. The company’s 50 day moving average is $27.61 and its 200 day moving average is $26.98.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. CWM LLC acquired a new position in Franklin FTSE United Kingdom ETF in the second quarter valued at $43,000. Eagle Bay Advisors LLC purchased a new position in shares of Franklin FTSE United Kingdom ETF during the first quarter worth about $97,000. Bell Investment Advisors Inc increased its position in Franklin FTSE United Kingdom ETF by 20.5% in the 2nd quarter. Bell Investment Advisors Inc now owns 3,674 shares of the company’s stock valued at $97,000 after acquiring an additional 626 shares during the period. WealthShield Partners LLC purchased a new stake in Franklin FTSE United Kingdom ETF during the 2nd quarter valued at approximately $106,000. Finally, GHP Investment Advisors Inc. acquired a new stake in Franklin FTSE United Kingdom ETF during the 2nd quarter worth approximately $114,000.

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.