ES4 LLC lifted its stake in shares of Franklin FTSE Brazil ETF (NYSEARCA:FLBR – Free Report) by 244.5% during the first quarter, HoldingsChannel.com reports. The firm owned 41,600 shares of the company’s stock after purchasing an additional 29,524 shares during the quarter. Franklin FTSE Brazil ETF makes up 0.6% of ES4 LLC’s portfolio, making the stock its 23rd largest position. ES4 LLC’s holdings in Franklin FTSE Brazil ETF were worth $994,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in the stock. Kestra Advisory Services LLC bought a new position in Franklin FTSE Brazil ETF in the 4th quarter worth about $37,000. Parallel Advisors LLC lifted its holdings in shares of Franklin FTSE Brazil ETF by 44.4% in the fourth quarter. Parallel Advisors LLC now owns 4,493 shares of the company’s stock worth $86,000 after buying an additional 1,382 shares in the last quarter. Sunpointe LLC bought a new position in shares of Franklin FTSE Brazil ETF in the fourth quarter valued at approximately $203,000. Osaic Holdings Inc. boosted its position in shares of Franklin FTSE Brazil ETF by 6.7% in the second quarter. Osaic Holdings Inc. now owns 18,659 shares of the company’s stock valued at $335,000 after acquiring an additional 1,174 shares during the period. Finally, Susquehanna International Group LLP purchased a new position in shares of Franklin FTSE Brazil ETF during the 3rd quarter valued at $431,000.
Franklin FTSE Brazil ETF Stock Performance
Shares of FLBR stock opened at $21.41 on Thursday. The company has a market capitalization of $518.12 million, a PE ratio of 9.04 and a beta of 0.62. Franklin FTSE Brazil ETF has a 52-week low of $16.45 and a 52-week high of $26.25. The business’s fifty day moving average is $22.49 and its 200 day moving average is $22.54.
Franklin FTSE Brazil ETF Company Profile
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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