PNC Financial Services Group Inc. Lowers Stock Position in Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB)

PNC Financial Services Group Inc. lessened its holdings in shares of Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 35.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,900 shares of the company’s stock after selling 2,181 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Franklin FTSE United Kingdom ETF were worth $102,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. Thrivent Financial for Lutherans lifted its stake in shares of Franklin FTSE United Kingdom ETF by 13.1% in the third quarter. Thrivent Financial for Lutherans now owns 31,219 shares of the company’s stock worth $891,000 after acquiring an additional 3,604 shares in the last quarter. Transamerica Financial Advisors Inc. lifted its position in shares of Franklin FTSE United Kingdom ETF by 5.1% in the 3rd quarter. Transamerica Financial Advisors Inc. now owns 15,731 shares of the company’s stock worth $450,000 after buying an additional 765 shares during the last quarter. Quantinno Capital Management LP boosted its stake in Franklin FTSE United Kingdom ETF by 39.2% in the third quarter. Quantinno Capital Management LP now owns 41,577 shares of the company’s stock valued at $1,187,000 after acquiring an additional 11,698 shares during the period. EP Wealth Advisors LLC bought a new position in Franklin FTSE United Kingdom ETF during the 3rd quarter worth $6,015,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Franklin FTSE United Kingdom ETF in the third quarter valued at approximately $257,000.

Franklin FTSE United Kingdom ETF Trading Up 0.3 %

Franklin FTSE United Kingdom ETF stock opened at $28.81 on Wednesday. Franklin FTSE United Kingdom ETF has a 52 week low of $25.24 and a 52 week high of $29.25. The stock has a market cap of $720.25 million, a price-to-earnings ratio of 18.19 and a beta of 0.84. The company’s 50-day moving average price is $28.04 and its two-hundred day moving average price is $27.62.

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.