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

Shares of Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) reached a new 52-week high during trading on Thursday . The company 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 Up 0.9 %

The firm has a market cap of $708.25 million, a price-to-earnings ratio of 12.63 and a beta of 0.72. The stock has a 50 day moving average of $25.58 and a 200 day moving average of $24.79.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Syon Capital LLC bought a new position in Franklin FTSE United Kingdom ETF in the third quarter valued at about $232,000. PGIM Custom Harvest LLC grew its position in 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 valued at $4,783,000 after acquiring an additional 26,844 shares during the last quarter. Orion Capital Management LLC bought a new position in Franklin FTSE United Kingdom ETF in the third quarter valued at about $25,000. CX Institutional bought a new position in Franklin FTSE United Kingdom ETF in the fourth quarter valued at about $13,357,000. Finally, Laffer Tengler Investments Inc. grew its position in Franklin FTSE United Kingdom ETF by 19.1% in the fourth quarter. Laffer Tengler Investments Inc. now owns 7,328 shares of the company’s stock valued at $184,000 after acquiring an additional 1,177 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.