Franklin FTSE Latin America ETF $FLLA Shares Purchased by Independent Advisor Alliance

Independent Advisor Alliance lifted its stake in Franklin FTSE Latin America ETF (NYSEARCA:FLLA) by 288.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,303 shares of the company’s stock after acquiring an additional 28,455 shares during the period. Independent Advisor Alliance’s holdings in Franklin FTSE Latin America ETF were worth $898,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in FLLA. Comprehensive Money Management Services LLC increased its stake in shares of Franklin FTSE Latin America ETF by 25.4% during the third quarter. Comprehensive Money Management Services LLC now owns 14,210 shares of the company’s stock valued at $333,000 after acquiring an additional 2,880 shares during the period. Old Port Advisors boosted its stake in Franklin FTSE Latin America ETF by 49.6% during the 3rd quarter. Old Port Advisors now owns 107,406 shares of the company’s stock valued at $2,517,000 after purchasing an additional 35,608 shares in the last quarter. MML Investors Services LLC increased its position in shares of Franklin FTSE Latin America ETF by 5.9% during the 2nd quarter. MML Investors Services LLC now owns 42,423 shares of the company’s stock valued at $921,000 after purchasing an additional 2,378 shares during the period. Raymond James Financial Inc. raised its stake in shares of Franklin FTSE Latin America ETF by 23.2% in the 2nd 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 in the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Franklin FTSE Latin America ETF in the second quarter valued at $252,000.

Franklin FTSE Latin America ETF Stock Up 2.9%

Shares of FLLA stock opened at $28.67 on Wednesday. The stock has a 50-day simple moving average of $25.43 and a 200 day simple moving average of $23.61. The stock has a market capitalization of $65.94 million, a P/E ratio of 10.26 and a beta of 0.90. Franklin FTSE Latin America ETF has a fifty-two week low of $17.46 and a fifty-two week high of $29.06.

About Franklin FTSE Latin America ETF

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.