Marotta Asset Management Buys 5,688 Shares of Franklin FTSE Mexico ETF (NYSEARCA:FLMX)

Marotta Asset Management grew its holdings in shares of Franklin FTSE Mexico ETF (NYSEARCA:FLMX) by 10.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 59,717 shares of the company’s stock after acquiring an additional 5,688 shares during the period. Marotta Asset Management owned about 4.12% of Franklin FTSE Mexico ETF worth $1,403,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new position in Franklin FTSE Mexico ETF during the third quarter worth $1,199,000. Thrivent Financial for Lutherans increased its holdings in Franklin FTSE Mexico ETF by 58.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,257,928 shares of the company’s stock worth $33,599,000 after purchasing an additional 465,129 shares in the last quarter. PCG Wealth Advisors LLC raised its stake in shares of Franklin FTSE Mexico ETF by 0.5% in the third quarter. PCG Wealth Advisors LLC now owns 76,345 shares of the company’s stock worth $2,039,000 after purchasing an additional 406 shares during the last quarter. Finally, Main Management ETF Advisors LLC lifted its holdings in shares of Franklin FTSE Mexico ETF by 31.7% in the second quarter. Main Management ETF Advisors LLC now owns 347,135 shares of the company’s stock valued at $9,781,000 after purchasing an additional 83,600 shares in the last quarter.

Franklin FTSE Mexico ETF Stock Performance

Shares of Franklin FTSE Mexico ETF stock traded down $0.38 during mid-day trading on Friday, hitting $23.14. 39,955 shares of the stock were exchanged, compared to its average volume of 74,035. Franklin FTSE Mexico ETF has a 12 month low of $22.86 and a 12 month high of $34.85. The company has a 50-day simple moving average of $24.61 and a 200 day simple moving average of $26.45. The company has a market capitalization of $33.55 million, a P/E ratio of 13.13 and a beta of 0.88.

Franklin FTSE Mexico ETF Profile

The Franklin FTSE Mexico ETF (FLMX) is an exchange-traded fund that is based on the FTSE Mexico RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Mexican equities. FLMX was launched on Nov 3, 2017 and is managed by Franklin Templeton.