Franklin Resources Inc. Cuts Stock Holdings in Franklin FTSE Europe ETF (NYSEARCA:FLEE)

Posted by ABMN Staff on Dec 27th, 2024

Franklin Resources Inc. cut its position in shares of Franklin FTSE Europe ETF (NYSEARCA:FLEE – Free Report) by 28.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 76,195 shares of the company’s stock after selling 30,255 shares during the quarter. Franklin Resources Inc.’s holdings in Franklin FTSE Europe ETF were worth $2,291,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its position in shares of Franklin FTSE Europe ETF by 7.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 20,022 shares of the company’s stock valued at $595,000 after acquiring an additional 1,443 shares during the period. Flow Traders U.S. LLC boosted its position in Franklin FTSE Europe ETF by 1.7% during the third quarter. Flow Traders U.S. LLC now owns 361,920 shares of the company’s stock worth $11,218,000 after purchasing an additional 5,949 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new stake in Franklin FTSE Europe ETF in the third quarter valued at approximately $22,336,000.

Franklin FTSE Europe ETF Stock Performance

Franklin FTSE Europe ETF stock opened at $27.97 on Friday. The stock has a market capitalization of $67.13 million, a P/E ratio of 15.90 and a beta of 0.81. The company’s fifty day moving average price is $28.90 and its 200 day moving average price is $29.58. Franklin FTSE Europe ETF has a 1 year low of $27.02 and a 1 year high of $31.36.