MMA Asset Management LLC Has $4.32 Million Holdings in Franklin FTSE United Kingdom ETF $FLGB

MMA Asset Management LLC lessened its holdings in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 12.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 133,582 shares of the company’s stock after selling 19,490 shares during the quarter. Franklin FTSE United Kingdom ETF accounts for approximately 1.4% of MMA Asset Management LLC’s investment portfolio, making the stock its 15th biggest holding. MMA Asset Management LLC’s holdings in Franklin FTSE United Kingdom ETF were worth $4,316,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in FLGB. Corient Private Wealth LLC lifted its position in Franklin FTSE United Kingdom ETF by 4,815.7% during the 2nd quarter. Corient Private Wealth LLC now owns 2,021,235 shares of the company’s stock worth $61,898,000 after buying an additional 1,980,117 shares in the last quarter. Tradewinds Capital Management LLC acquired a new stake in shares of Franklin FTSE United Kingdom ETF in the second quarter valued at about $19,153,000. Thrivent Financial for Lutherans raised its holdings in Franklin FTSE United Kingdom ETF by 953.4% during the second quarter. Thrivent Financial for Lutherans now owns 325,294 shares of the company’s stock worth $9,964,000 after acquiring an additional 294,414 shares in the last quarter. Bank of America Corp DE grew its stake in Franklin FTSE United Kingdom ETF by 2.9% in the second quarter. Bank of America Corp DE now owns 10,082,703 shares of the company’s stock valued at $308,833,000 after purchasing an additional 288,468 shares in the last quarter. Finally, Simon Quick Advisors LLC bought a new stake in shares of Franklin FTSE United Kingdom ETF during the 2nd quarter worth approximately $8,370,000.

Franklin FTSE United Kingdom ETF Trading Up 2.0%

NYSEARCA:FLGB opened at $35.87 on Friday. The stock has a market capitalization of $993.60 million, a PE ratio of 15.48 and a beta of 0.75. Franklin FTSE United Kingdom ETF has a 1-year low of $25.10 and a 1-year high of $36.27. The firm has a fifty day simple moving average of $34.19 and a 200 day simple moving average of $32.83.

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.