Cabot Wealth Management Inc. Lowers Position in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB)

Cabot Wealth Management Inc. trimmed its position in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 1.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 105,457 shares of the company’s stock after selling 2,017 shares during the period. Cabot Wealth Management Inc. owned 0.39% of Franklin FTSE United Kingdom ETF worth $2,762,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in FLGB. US Bancorp DE grew its stake in shares of Franklin FTSE United Kingdom ETF by 420.5% in the 3rd quarter. US Bancorp DE now owns 1,041 shares of the company’s stock worth $30,000 after buying an additional 841 shares during the last quarter. Venturi Wealth Management LLC purchased a new stake in shares of Franklin FTSE United Kingdom ETF during the third quarter valued at $100,000. Farther Finance Advisors LLC bought a new stake in Franklin FTSE United Kingdom ETF in the 3rd quarter worth about $256,000. Wilmington Savings Fund Society FSB purchased a new position in Franklin FTSE United Kingdom ETF in the 3rd quarter worth about $257,000. Finally, Choreo LLC lifted its stake 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 acquiring an additional 432 shares during the period.

Franklin FTSE United Kingdom ETF Stock Down 0.8 %

Shares of FLGB stock opened at $28.00 on Friday. The company has a 50 day moving average price of $26.99 and a 200-day moving average price of $27.47. Franklin FTSE United Kingdom ETF has a 52 week low of $24.85 and a 52 week high of $28.90. The firm has a market capitalization of $754.60 million, a PE ratio of 13.37 and a beta of 0.73.

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.