Franklin FTSE Brazil ETF (NYSEARCA:FLBR) Trading 0.2% Higher – Here’s What Happened

Shares of Franklin FTSE Brazil ETF (NYSEARCA:FLBR) were up 0.2% on Tuesday . The company traded as high as $23.09 and last traded at $22.71. Approximately 32,776 shares were traded during trading, a decline of 87% from the average daily volume of 244,311 shares. The stock had previously closed at $22.66.

Franklin FTSE Brazil ETF Stock Up 0.4%

The firm has a market cap of $319.08 million, a P/E ratio of 9.04 and a beta of 0.88. The business’s 50 day moving average is $22.49 and its 200-day moving average is $20.37.

Hedge Funds Weigh In On Franklin FTSE Brazil ETF

Large investors have recently modified their holdings of the stock. O Brien Greene & Co. Inc grew its stake in Franklin FTSE Brazil ETF by 9.0% in the fourth quarter. O Brien Greene & Co. Inc now owns 634,591 shares of the company’s stock worth $12,089,000 after purchasing an additional 52,418 shares in the last quarter. Accordant Advisory Group Inc lifted its holdings in Franklin FTSE Brazil ETF by 29.2% during the 3rd quarter. Accordant Advisory Group Inc now owns 283,410 shares of the company’s stock worth $5,399,000 after buying an additional 64,087 shares during the last quarter. Morningstar Investment Management LLC bought a new position in Franklin FTSE Brazil ETF during the 3rd quarter worth approximately $5,054,000. Citadel Advisors LLC acquired a new position in shares of Franklin FTSE Brazil ETF in the 3rd quarter worth approximately $3,620,000. Finally, Empowered Funds LLC acquired a new position in shares of Franklin FTSE Brazil ETF in the 1st quarter worth approximately $3,092,000.

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.