Royal Bank of Canada Acquires 70,706 Shares of Franklin FTSE Mexico ETF $FLMX

Royal Bank of Canada boosted its holdings in shares of Franklin FTSE Mexico ETF (NYSEARCA:FLMX) by 313.1% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 93,292 shares of the company’s stock after buying an additional 70,706 shares during the period. Royal Bank of Canada’s holdings in Franklin FTSE Mexico ETF were worth $3,426,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Hsbc Holdings PLC raised its holdings in Franklin FTSE Mexico ETF by 1.7% during the first quarter. Hsbc Holdings PLC now owns 556,830 shares of the company’s stock valued at $20,445,000 after buying an additional 9,280 shares in the last quarter. PCG Wealth Advisors LLC boosted its stake in shares of Franklin FTSE Mexico ETF by 17.5% during the 4th quarter. PCG Wealth Advisors LLC now owns 101,275 shares of the company’s stock worth $3,428,000 after acquiring an additional 15,053 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Franklin FTSE Mexico ETF by 106.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 42,159 shares of the company’s stock worth $1,427,000 after acquiring an additional 21,735 shares in the last quarter. HBW Advisory Services LLC increased its holdings in shares of Franklin FTSE Mexico ETF by 41.8% during the 1st quarter. HBW Advisory Services LLC now owns 15,492 shares of the company’s stock valued at $569,000 after acquiring an additional 4,565 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Franklin FTSE Mexico ETF by 43.1% during the 3rd quarter. Bank of America Corp DE now owns 15,244 shares of the company’s stock valued at $506,000 after acquiring an additional 4,593 shares during the last quarter.

Franklin FTSE Mexico ETF Stock Performance

Shares of FLMX stock opened at $36.43 on Friday. The stock’s 50 day simple moving average is $37.11 and its 200 day simple moving average is $37.61. Franklin FTSE Mexico ETF has a twelve month low of $29.61 and a twelve month high of $40.03. The company has a market capitalization of $83.79 million, a price-to-earnings ratio of 12.95 and a beta of 0.77.

About Franklin FTSE Mexico ETF

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.