Tradewinds Capital Management LLC Makes New $19.15 Million Investment in Franklin FTSE United Kingdom ETF $FLGB

Tradewinds Capital Management LLC bought a new position in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 625,314 shares of the company’s stock, valued at approximately $19,153,000. Franklin FTSE United Kingdom ETF comprises approximately 4.8% of Tradewinds Capital Management LLC’s holdings, making the stock its 8th largest holding. Tradewinds Capital Management LLC owned approximately 2.43% of Franklin FTSE United Kingdom ETF as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. increased its holdings in Franklin FTSE United Kingdom ETF by 17.3% during the first quarter. Envestnet Asset Management Inc. now owns 256,826 shares of the company’s stock valued at $7,361,000 after buying an additional 37,872 shares during the last quarter. LPL Financial LLC raised its stake in Franklin FTSE United Kingdom ETF by 106.8% during the first quarter. LPL Financial LLC now owns 436,122 shares of the company’s stock valued at $12,500,000 after purchasing an additional 225,219 shares in the last quarter. Cetera Investment Advisers raised its stake in Franklin FTSE United Kingdom ETF by 9.4% during the first quarter. Cetera Investment Advisers now owns 8,482 shares of the company’s stock valued at $243,000 after purchasing an additional 731 shares in the last quarter. Beckerman Institutional LLC raised its stake in shares of Franklin FTSE United Kingdom ETF by 13.7% in the first quarter. Beckerman Institutional LLC now owns 16,899 shares of the company’s stock valued at $484,000 after acquiring an additional 2,030 shares during the period. Finally, Meridian Investment Counsel Inc. raised its stake in shares of Franklin FTSE United Kingdom ETF by 33.5% in the first quarter. Meridian Investment Counsel Inc. now owns 66,225 shares of the company’s stock valued at $1,898,000 after acquiring an additional 16,625 shares during the period.

Franklin FTSE United Kingdom ETF Trading Down 0.1%

Shares of FLGB opened at $32.29 on Friday. Franklin FTSE United Kingdom ETF has a twelve month low of $25.10 and a twelve month high of $32.86. The company has a market cap of $862.14 million, a P/E ratio of 15.48 and a beta of 0.87. The company’s fifty day simple moving average is $32.05 and its 200-day simple moving average is $30.63.

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.