Marotta Asset Management Sells 981 Shares of Franklin FTSE Germany ETF (NYSEARCA:FLGR)

Marotta Asset Management lessened its position in shares of Franklin FTSE Germany ETF (NYSEARCA:FLGR) by 0.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 231,042 shares of the company’s stock after selling 981 shares during the period. Franklin FTSE Germany ETF makes up approximately 1.2% of Marotta Asset Management’s investment portfolio, making the stock its 25th largest position. Marotta Asset Management owned about 25.67% of Franklin FTSE Germany ETF worth $5,728,000 at the end of the most recent reporting period.

Separately, Main Management ETF Advisors LLC raised its position in shares of Franklin FTSE Germany ETF by 4.0% in the second quarter. Main Management ETF Advisors LLC now owns 128,020 shares of the company’s stock valued at $3,071,000 after buying an additional 4,900 shares in the last quarter.

Franklin FTSE Germany ETF Price Performance

NYSEARCA:FLGR traded up $0.13 during trading hours on Friday, reaching $25.55. 2,490 shares of the company were exchanged, compared to its average volume of 4,138. The company has a market capitalization of $23.00 million, a P/E ratio of 15.07 and a beta of 0.89. The business has a 50 day moving average of $25.29 and a 200 day moving average of $25.12. Franklin FTSE Germany ETF has a 1-year low of $22.15 and a 1-year high of $26.70.

Franklin FTSE Germany ETF Profile

The Franklin FTSE Germany ETF (FLGR) is an exchange-traded fund that is based on the FTSE Germany RIC Capped index. The fund offers market cap-based exposure to large- and mid-cap German equities. FLGR was launched on Nov 2, 2017 and is managed by Franklin Templeton.