Quantinno Capital Management LP Acquires 14,704 Shares of Franklin FTSE United Kingdom ETF $FLGB

Quantinno Capital Management LP raised its holdings in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 29.8% in the first quarter, Holdings Channel reports. The fund owned 63,979 shares of the company’s stock after acquiring an additional 14,704 shares during the period. Quantinno Capital Management LP’s holdings in Franklin FTSE United Kingdom ETF were worth $2,224,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of FLGB. Morningstar Investment Management LLC bought a new position in shares of Franklin FTSE United Kingdom ETF during the 1st quarter valued at about $7,507,000. Dynamic Wealth Strategies LLC lifted its stake in Franklin FTSE United Kingdom ETF by 8.9% in the first quarter. Dynamic Wealth Strategies LLC now owns 12,363 shares of the company’s stock valued at $430,000 after buying an additional 1,008 shares in the last quarter. Assetmark Inc. boosted its holdings in shares of Franklin FTSE United Kingdom ETF by 2.2% in the first quarter. Assetmark Inc. now owns 292,796 shares of the company’s stock valued at $10,178,000 after buying an additional 6,176 shares during the period. Wealthfront Advisers LLC boosted its holdings in shares of Franklin FTSE United Kingdom ETF by 10.7% in the first quarter. Wealthfront Advisers LLC now owns 12,626 shares of the company’s stock valued at $439,000 after buying an additional 1,220 shares during the period. Finally, Bank of New York Mellon Corp increased its position in shares of Franklin FTSE United Kingdom ETF by 26.6% during the first quarter. Bank of New York Mellon Corp now owns 15,441 shares of the company’s stock worth $537,000 after acquiring an additional 3,247 shares in the last quarter.

Franklin FTSE United Kingdom ETF Trading Down 0.2%

FLGB opened at $37.36 on Tuesday. The stock has a market capitalization of $900.38 million, a P/E ratio of 15.48 and a beta of 0.64. Franklin FTSE United Kingdom ETF has a 12 month low of $31.17 and a 12 month high of $37.61. The firm’s fifty day simple moving average is $36.01 and its 200 day simple moving average is $35.77.

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.