Shares of Franklin FTSE Brazil ETF (NYSEARCA:FLBR – Get Free Report) saw an uptick in trading volume on Tuesday. 342,596 shares changed hands during trading, an increase of 37% from the average daily volume of 250,505 shares. The stock last traded at $21.54 and had previously closed at $21.44.
Franklin FTSE Brazil ETF Stock Up 1.0%
The company has a market capitalization of $575.81 million, a price-to-earnings ratio of 9.04 and a beta of 0.57. The company has a 50-day moving average price of $23.95 and a 200-day moving average price of $23.06.
Institutional Trading of Franklin FTSE Brazil ETF
Several hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada grew its holdings in Franklin FTSE Brazil ETF by 83.7% in the 1st quarter. Royal Bank of Canada now owns 238,026 shares of the company’s stock valued at $5,686,000 after buying an additional 108,477 shares during the last quarter. Morningstar Investment Management LLC increased its position in Franklin FTSE Brazil ETF by 42.5% in the 1st quarter. Morningstar Investment Management LLC now owns 341,071 shares of the company’s stock worth $8,148,000 after buying an additional 101,763 shares during the period. Citadel Advisors LLC acquired a new position in shares of Franklin FTSE Brazil ETF during the second quarter worth approximately $718,000. ES4 LLC lifted its holdings in shares of Franklin FTSE Brazil ETF by 244.5% during the first quarter. ES4 LLC now owns 41,600 shares of the company’s stock worth $994,000 after buying an additional 29,524 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Franklin FTSE Brazil ETF by 30.6% during the first quarter. Bank of America Corp DE now owns 76,371 shares of the company’s stock worth $1,825,000 after buying an additional 17,889 shares during the last quarter.
About Franklin FTSE Brazil ETF
The Franklin FTSE Brazil ETF (FLBR) is an exchange-traded fund that is based on the FTSE Brazil RIC Capped index. The fund tracks a market cap-weighted index of Brazilian large- and mid-cap stocks. FLBR was launched on Nov 3, 2017 and is managed by Franklin Templeton.
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