Envestnet Portfolio Solutions Inc. Sells 17,407 Shares of Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB)

Envestnet Portfolio Solutions Inc. lowered its holdings in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 28.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,883 shares of the company’s stock after selling 17,407 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Franklin FTSE United Kingdom ETF were worth $1,149,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new position in shares of Franklin FTSE United Kingdom ETF during the third quarter valued at $257,000. Farther Finance Advisors LLC increased its position in shares of Franklin FTSE United Kingdom ETF by 4.5% during the 4th quarter. Farther Finance Advisors LLC now owns 9,374 shares of the company’s stock worth $245,000 after purchasing an additional 401 shares in the last quarter. Choreo LLC lifted its holdings in Franklin FTSE United Kingdom ETF by 4.7% during the 4th quarter. Choreo LLC now owns 9,673 shares of the company’s stock valued at $253,000 after purchasing an additional 432 shares during the last quarter. Transamerica Financial Advisors Inc. boosted its position in Franklin FTSE United Kingdom ETF by 5.1% in the third quarter. Transamerica Financial Advisors Inc. now owns 15,731 shares of the company’s stock valued at $450,000 after buying an additional 765 shares in the last quarter. Finally, Brueske Advisory Services LLC bought a new stake in Franklin FTSE United Kingdom ETF during the fourth quarter worth about $707,000.

Franklin FTSE United Kingdom ETF Price Performance

Shares of FLGB opened at $28.70 on Friday. The company has a market capitalization of $717.50 million, a P/E ratio of 18.19 and a beta of 0.84. Franklin FTSE United Kingdom ETF has a one year low of $25.24 and a one year high of $29.25. The business’s 50 day simple moving average is $27.92 and its 200-day simple moving average is $27.61.

Franklin FTSE United Kingdom ETF 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.