Marotta Asset Management Decreases Stock Holdings in Franklin FTSE Switzerland ETF $FLSW

Marotta Asset Management trimmed its holdings in shares of Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) by 5.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 246,951 shares of the company’s stock after selling 14,586 shares during the quarter. Franklin FTSE Switzerland ETF accounts for about 1.9% of Marotta Asset Management’s holdings, making the stock its 20th largest position. Marotta Asset Management owned about 0.13% of Franklin FTSE Switzerland ETF worth $10,152,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Flow Traders U.S. LLC grew its stake in Franklin FTSE Switzerland ETF by 1.5% in the 3rd quarter. Flow Traders U.S. LLC now owns 24,494 shares of the company’s stock valued at $939,000 after purchasing an additional 368 shares during the period. Jane Street Group LLC raised its stake in shares of Franklin FTSE Switzerland ETF by 20.7% during the 4th quarter. Jane Street Group LLC now owns 11,421 shares of the company’s stock worth $474,000 after purchasing an additional 1,955 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of Franklin FTSE Switzerland ETF by 48.1% in the 3rd quarter. Raymond James Financial Inc. now owns 6,361 shares of the company’s stock worth $244,000 after buying an additional 2,065 shares during the last quarter. PGIM Custom Harvest LLC boosted its holdings in shares of Franklin FTSE Switzerland ETF by 1.8% in the 3rd quarter. PGIM Custom Harvest LLC now owns 189,951 shares of the company’s stock worth $7,285,000 after buying an additional 3,350 shares during the last quarter. Finally, Sankala Group LLC bought a new position in Franklin FTSE Switzerland ETF during the fourth quarter valued at about $163,000.

Franklin FTSE Switzerland ETF Stock Performance

Shares of FLSW stock opened at $44.17 on Friday. The firm has a market cap of $83.92 million, a price-to-earnings ratio of 218.86 and a beta of 0.77. Franklin FTSE Switzerland ETF has a 52 week low of $36.03 and a 52 week high of $45.33. The firm’s 50-day simple moving average is $42.97 and its two-hundred day simple moving average is $42.42.

Franklin FTSE Switzerland ETF Profile

The Franklin FTSE Switzerland ETF (FLSW) is an exchange-traded fund that is based on the FTSE Switzerland RIC Capped index, a market-cap-weighted index of Swiss equities, excluding small-caps. FLSW was launched on Feb 6, 2018 and is managed by Franklin Templeton.