Principia Wealth Advisory LLC Takes Position in Franklin FTSE Latin America ETF $FLLA

Principia Wealth Advisory LLC bought a new stake in shares of Franklin FTSE Latin America ETF (NYSEARCA:FLLA) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 154,159 shares of the company’s stock, valued at approximately $4,087,000. Franklin FTSE Latin America ETF makes up 0.9% of Principia Wealth Advisory LLC’s portfolio, making the stock its 15th biggest position. Principia Wealth Advisory LLC owned about 3.85% of Franklin FTSE Latin America ETF as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Flow Traders U.S. LLC acquired a new stake in Franklin FTSE Latin America ETF in the 2nd quarter valued at $252,000. Raymond James Financial Inc. boosted its position in shares of Franklin FTSE Latin America ETF by 23.2% in the second quarter. Raymond James Financial Inc. now owns 68,096 shares of the company’s stock worth $1,478,000 after buying an additional 12,836 shares during the period. MML Investors Services LLC grew its stake in shares of Franklin FTSE Latin America ETF by 5.9% in the second quarter. MML Investors Services LLC now owns 42,423 shares of the company’s stock valued at $921,000 after buying an additional 2,378 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Franklin FTSE Latin America ETF by 1.2% in the third quarter. Bank of America Corp DE now owns 55,842 shares of the company’s stock valued at $1,309,000 after buying an additional 651 shares in the last quarter. Finally, Orion Porfolio Solutions LLC purchased a new stake in shares of Franklin FTSE Latin America ETF during the 4th quarter valued at about $313,000.

Franklin FTSE Latin America ETF Stock Performance

Shares of NYSEARCA:FLLA opened at $28.29 on Monday. The business’s 50-day simple moving average is $27.07 and its 200 day simple moving average is $27.76. The company has a market cap of $113.16 million, a P/E ratio of 10.26 and a beta of 0.69. Franklin FTSE Latin America ETF has a one year low of $21.88 and a one year high of $30.98.

Franklin FTSE Latin America ETF Company Profile

The Franklin FTSE Latin America ETF (FLLA) is an exchange-traded fund that is based on the FTSE Latin America RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Latin American equities. FLLA was launched on Oct 9, 2018 and is managed by Franklin Templeton.