Meridian Investment Counsel Inc. Purchases 7,300 Shares of Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB)

Meridian Investment Counsel Inc. lifted its holdings in shares of Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 18.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,100 shares of the company’s stock after purchasing an additional 7,300 shares during the period. Meridian Investment Counsel Inc. owned 0.17% of Franklin FTSE United Kingdom ETF worth $1,345,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. GHP Investment Advisors Inc. grew its holdings in shares of Franklin FTSE United Kingdom ETF by 12,439.7% during the third quarter. GHP Investment Advisors Inc. now owns 542,092 shares of the company’s stock valued at $15,476,000 after buying an additional 537,769 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Franklin FTSE United Kingdom ETF by 1,187.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 320,215 shares of the company’s stock valued at $8,418,000 after acquiring an additional 295,339 shares during the period. Innealta Capital LLC lifted its stake in shares of Franklin FTSE United Kingdom ETF by 96.4% during the 1st quarter. Innealta Capital LLC now owns 261,128 shares of the company’s stock valued at $6,823,000 after buying an additional 128,175 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Franklin FTSE United Kingdom ETF during the second quarter worth $1,708,000. Finally, Thrivent Financial for Lutherans purchased a new stake in Franklin FTSE United Kingdom ETF during the 2nd quarter worth about $726,000.

Franklin FTSE United Kingdom ETF Trading Up 0.1 %

FLGB stock opened at $26.66 on Friday. The firm has a 50 day moving average of $27.85 and a 200-day moving average of $27.46. Franklin FTSE United Kingdom ETF has a 12 month low of $23.86 and a 12 month high of $28.90. The firm has a market capitalization of $718.49 million, a P/E ratio of 13.37 and a beta of 0.73.

About Franklin FTSE United Kingdom ETF

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.