Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) Hits New 52-Week High at $26.30

Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) reached a new 52-week high during trading on Thursday . The stock traded as high as $26.30 and last traded at $26.30, with a volume of 461297 shares trading hands. The stock had previously closed at $26.04.

Franklin FTSE United Kingdom ETF Stock Performance

The company has a 50 day moving average of $25.61 and a 200 day moving average of $24.80. The stock has a market capitalization of $713.37 million, a price-to-earnings ratio of 12.63 and a beta of 0.72.

Institutional Trading of Franklin FTSE United Kingdom ETF

Institutional investors have recently modified their holdings of the business. Accordant Advisory Group Inc purchased a new stake in shares of Franklin FTSE United Kingdom ETF in the first quarter valued at approximately $25,000. Orion Capital Management LLC acquired a new position in Franklin FTSE United Kingdom ETF during the third quarter worth $25,000. Laffer Tengler Investments Inc. raised its holdings in Franklin FTSE United Kingdom ETF by 19.1% during the fourth quarter. Laffer Tengler Investments Inc. now owns 7,328 shares of the company’s stock worth $184,000 after purchasing an additional 1,177 shares during the last quarter. Syon Capital LLC acquired a new position in shares of Franklin FTSE United Kingdom ETF in the third quarter worth $232,000. Finally, PGIM Custom Harvest LLC raised its holdings in shares of Franklin FTSE United Kingdom ETF by 15.5% in the third quarter. PGIM Custom Harvest LLC now owns 200,019 shares of the company’s stock worth $4,783,000 after acquiring an additional 26,844 shares during the last quarter.

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.