Marotta Asset Management Purchases 10,441 Shares of Franklin FTSE Switzerland ETF (NYSEARCA:FLSW)

Marotta Asset Management boosted its position in Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) by 4.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 253,432 shares of the company’s stock after purchasing an additional 10,441 shares during the period. Franklin FTSE Switzerland ETF comprises 1.7% of Marotta Asset Management’s investment portfolio, making the stock its 17th biggest position. Marotta Asset Management owned approximately 18.10% of Franklin FTSE Switzerland ETF worth $8,081,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FLSW. EP Wealth Advisors LLC bought a new position in shares of Franklin FTSE Switzerland ETF in the third quarter valued at approximately $2,350,000. Quantinno Capital Management LP grew its stake in Franklin FTSE Switzerland ETF by 19.4% in the 3rd quarter. Quantinno Capital Management LP now owns 22,539 shares of the company’s stock valued at $812,000 after purchasing an additional 3,655 shares during the period. Bank of Montreal Can increased its position in shares of Franklin FTSE Switzerland ETF by 4.8% during the 2nd quarter. Bank of Montreal Can now owns 18,870 shares of the company’s stock valued at $649,000 after purchasing an additional 858 shares during the last quarter. Finally, Morningstar Investment Management LLC bought a new stake in shares of Franklin FTSE Switzerland ETF during the 2nd quarter worth $10,564,000.

Franklin FTSE Switzerland ETF Stock Down 1.0 %

FLSW traded down $0.33 during trading on Friday, hitting $32.31. 1,100 shares of the company traded hands, compared to its average volume of 9,730. Franklin FTSE Switzerland ETF has a one year low of $31.11 and a one year high of $36.63. The stock’s fifty day moving average is $32.95 and its 200 day moving average is $34.24. The firm has a market cap of $45.23 million, a P/E ratio of 22.59 and a beta of 0.66.

About Franklin FTSE Switzerland ETF

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.