Citadel Advisors LLC Takes Position in Franklin FTSE Brazil ETF $FLBR

Citadel Advisors LLC acquired a new position in shares of Franklin FTSE Brazil ETF (NYSEARCA:FLBR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 33,558 shares of the company’s stock, valued at approximately $718,000.

Several other large investors also recently made changes to their positions in FLBR. Morningstar Investment Management LLC bought a new stake in Franklin FTSE Brazil ETF in the 3rd quarter valued at about $5,054,000. Empowered Funds LLC acquired a new position in Franklin FTSE Brazil ETF during the 1st quarter worth approximately $3,092,000. Jane Street Group LLC bought a new position in Franklin FTSE Brazil ETF in the second quarter worth approximately $2,416,000. Royal Bank of Canada boosted its holdings in Franklin FTSE Brazil ETF by 884.5% in the fourth quarter. Royal Bank of Canada now owns 129,549 shares of the company’s stock worth $2,468,000 after acquiring an additional 116,390 shares in the last quarter. Finally, Focus Partners Wealth acquired a new stake in Franklin FTSE Brazil ETF in the fourth quarter valued at approximately $1,693,000.

Franklin FTSE Brazil ETF Stock Down 0.7%

NYSEARCA FLBR opened at $23.79 on Friday. The company has a market cap of $585.23 million, a price-to-earnings ratio of 9.04 and a beta of 0.62. Franklin FTSE Brazil ETF has a 52 week low of $17.65 and a 52 week high of $26.25. The business has a 50 day moving average price of $22.20 and a 200-day moving average price of $22.86.

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.