Meridian Investment Counsel Inc. Raises Holdings in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB)

Meridian Investment Counsel Inc. grew its holdings in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 5.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 49,600 shares of the company’s stock after buying an additional 2,500 shares during the quarter. Meridian Investment Counsel Inc.’s holdings in Franklin FTSE United Kingdom ETF were worth $1,299,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC increased its holdings in Franklin FTSE United Kingdom ETF by 4.5% in the fourth quarter. Farther Finance Advisors LLC now owns 9,374 shares of the company’s stock valued at $245,000 after buying an additional 401 shares in the last quarter. Wilmington Savings Fund Society FSB grew its holdings in shares of Franklin FTSE United Kingdom ETF by 4.3% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 9,390 shares of the company’s stock worth $246,000 after acquiring an additional 384 shares during the period. Choreo LLC increased its stake in Franklin FTSE United Kingdom ETF by 4.7% in 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 in the last quarter. Transamerica Financial Advisors Inc. raised its holdings in Franklin FTSE United Kingdom ETF by 2.8% during the fourth quarter. Transamerica Financial Advisors Inc. now owns 16,175 shares of the company’s stock worth $424,000 after purchasing an additional 444 shares during the last quarter. Finally, Brueske Advisory Services LLC purchased a new stake in Franklin FTSE United Kingdom ETF during the fourth quarter worth $707,000.

Franklin FTSE United Kingdom ETF Stock Performance

Franklin FTSE United Kingdom ETF stock opened at $28.83 on Monday. Franklin FTSE United Kingdom ETF has a fifty-two week low of $25.24 and a fifty-two week high of $29.25. The firm has a market capitalization of $720.75 million, a price-to-earnings ratio of 18.19 and a beta of 0.84. The stock’s fifty day moving average is $28.18 and its two-hundred day moving average is $27.64.

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.