Marotta Asset Management Has $5.73 Million Stock Holdings in Franklin FTSE Germany ETF (NYSEARCA:FLGR)

Marotta Asset Management cut its holdings in shares of Franklin FTSE Germany ETF (NYSEARCA:FLGR) by 0.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 231,042 shares of the company’s stock after selling 981 shares during the period. Franklin FTSE Germany ETF makes up 1.2% of Marotta Asset Management’s holdings, making the stock its 25th biggest holding. Marotta Asset Management owned 0.26% of Franklin FTSE Germany ETF worth $5,728,000 as of its most recent SEC filing.

Separately, Main Management ETF Advisors LLC grew its position in Franklin FTSE Germany ETF by 4.0% during the second quarter. Main Management ETF Advisors LLC now owns 128,020 shares of the company’s stock valued at $3,071,000 after buying an additional 4,900 shares during the period.

Franklin FTSE Germany ETF Stock Performance

NYSEARCA FLGR traded up $0.13 during trading on Friday, hitting $25.55. 2,490 shares of the company’s stock traded hands, compared to its average volume of 4,138. Franklin FTSE Germany ETF has a 12-month low of $22.15 and a 12-month high of $26.70. The business has a 50 day moving average of $25.29 and a 200-day moving average of $25.12. The stock has a market capitalization of $23.00 million, a price-to-earnings ratio of 15.07 and a beta of 0.89.

About Franklin FTSE Germany ETF

The Franklin FTSE Germany ETF (FLGR) is an exchange-traded fund that is based on the FTSE Germany RIC Capped index. The fund offers market cap-based exposure to large- and mid-cap German equities. FLGR was launched on Nov 2, 2017 and is managed by Franklin Templeton.