Cornerstone Wealth Management LLC Buys Shares of 14,353 Franklin FTSE Eurozone ETF $FLEU

Cornerstone Wealth Management LLC purchased a new stake in shares of Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 14,353 shares of the company’s stock, valued at approximately $461,000. Cornerstone Wealth Management LLC owned approximately 0.80% of Franklin FTSE Eurozone ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in Franklin FTSE Eurozone ETF by 12.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 71,819 shares of the company’s stock valued at $2,221,000 after buying an additional 8,079 shares during the last quarter. Addison Advisors LLC acquired a new position in Franklin FTSE Eurozone ETF in the 2nd quarter valued at approximately $68,000. Hedeker Wealth LLC bought a new position in shares of Franklin FTSE Eurozone ETF during the second quarter valued at $208,000. Jane Street Group LLC raised its stake in shares of Franklin FTSE Eurozone ETF by 17.4% during the second quarter. Jane Street Group LLC now owns 13,239 shares of the company’s stock valued at $409,000 after acquiring an additional 1,963 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in shares of Franklin FTSE Eurozone ETF by 133.9% during the second quarter. Osaic Holdings Inc. now owns 32,500 shares of the company’s stock worth $1,005,000 after purchasing an additional 18,607 shares during the period.

Franklin FTSE Eurozone ETF Stock Up 1.0%

NYSEARCA FLEU opened at $34.88 on Tuesday. The company has a market capitalization of $62.78 million, a price-to-earnings ratio of 16.43 and a beta of 0.75. Franklin FTSE Eurozone ETF has a twelve month low of $23.50 and a twelve month high of $35.26. The stock has a fifty day simple moving average of $33.50 and a 200 day simple moving average of $32.31.

Franklin FTSE Eurozone ETF Company Profile

The Franklin FTSE Eurozone ETF Franklin FTSE Europe Hedged Fund (FLEU) is an exchange-traded fund that is based on the FTSE Developed Eurozone index. The fund tracks a market cap weighted index of large- and mid-cap companies in the developed Eurozone. The currency exposure is not hedged FLEU was launched on Nov 2, 2017 and is issued by Franklin Templeton.