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

Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) reached a new 52-week high on Thursday . The stock 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 Price Performance

The company has a fifty day simple moving average of $25.61 and a two-hundred day simple moving average of $24.80. The company has a market capitalization of $713.37 million, a P/E ratio of 12.63 and a beta of 0.72.

Hedge Funds Weigh In On Franklin FTSE United Kingdom ETF

A number of institutional investors have recently made changes to their positions in FLGB. Congress Wealth Management LLC DE increased its stake in Franklin FTSE United Kingdom ETF by 0.3% during the first quarter. Congress Wealth Management LLC DE now owns 905,276 shares of the company’s stock valued at $23,655,000 after acquiring an additional 2,659 shares during the period. CX Institutional bought a new position in Franklin FTSE United Kingdom ETF during the fourth quarter valued at about $13,357,000. Proquility Private Wealth Partners LLC increased its stake in Franklin FTSE United Kingdom ETF by 985.7% during the fourth quarter. Proquility Private Wealth Partners LLC now owns 271,670 shares of the company’s stock valued at $6,831,000 after acquiring an additional 246,648 shares during the period. PGIM Custom Harvest LLC increased its stake in Franklin FTSE United Kingdom ETF by 15.5% during 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 period. Finally, Syon Capital LLC bought a new position in Franklin FTSE United Kingdom ETF during the third quarter valued at about $232,000.

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.