Morningstar Investment Management LLC lifted its position in shares of Franklin FTSE Brazil ETF (NYSEARCA:FLBR – Free Report) by 42.5% during the 1st quarter, Holdings Channel reports. The firm owned 341,071 shares of the company’s stock after purchasing an additional 101,763 shares during the quarter. Morningstar Investment Management LLC’s holdings in Franklin FTSE Brazil ETF were worth $8,148,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently modified their holdings of the company. Empowered Funds LLC acquired a new stake in Franklin FTSE Brazil ETF in the 1st quarter valued at about $3,092,000. Bank of Nova Scotia grew its holdings in Franklin FTSE Brazil ETF by 6.4% during the second quarter. Bank of Nova Scotia now owns 162,148 shares of the company’s stock worth $2,912,000 after purchasing an additional 9,700 shares during the period. Jane Street Group LLC acquired a new position in Franklin FTSE Brazil ETF during the second quarter worth approximately $2,416,000. Osaic Holdings Inc. increased its position in Franklin FTSE Brazil ETF by 6.7% during the second quarter. Osaic Holdings Inc. now owns 18,659 shares of the company’s stock worth $335,000 after buying an additional 1,174 shares during the last quarter. Finally, Citadel Advisors LLC bought a new stake in Franklin FTSE Brazil ETF in the third quarter valued at approximately $3,620,000.
Franklin FTSE Brazil ETF Stock Down 1.7%
FLBR opened at $22.21 on Friday. Franklin FTSE Brazil ETF has a 12-month low of $16.45 and a 12-month high of $26.25. The stock has a market cap of $537.48 million, a price-to-earnings ratio of 9.04 and a beta of 0.62. The business has a 50 day moving average of $22.03 and a 200-day moving average of $22.78.
About Franklin FTSE Brazil ETF
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.
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Want to see what other hedge funds are holding FLBR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin FTSE Brazil ETF (NYSEARCA:FLBR – Free Report).
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