Franklin FTSE Brazil ETF (NYSEARCA:FLBR) Shares Down 1.5%

Franklin FTSE Brazil ETF (NYSEARCA:FLBR – Get Rating)’s stock price traded down 1.5% on Friday . The company traded as low as $16.15 and last traded at $16.22. 12,623 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 176,533 shares. The stock had previously closed at $16.46.

Franklin FTSE Brazil ETF Stock Down 1.5 %

The stock’s 50 day moving average is $17.52 and its two-hundred day moving average is $18.26. The company has a market capitalization of $311.41 million, a PE ratio of 5.97 and a beta of 0.98.

Institutional Trading of Franklin FTSE Brazil ETF

A number of hedge funds have recently added to or reduced their stakes in the business. OLD Mission Capital LLC lifted its stake in Franklin FTSE Brazil ETF by 22.2% in the fourth quarter. OLD Mission Capital LLC now owns 85,126 shares of the company’s stock worth $1,467,000 after acquiring an additional 15,474 shares during the period. Jane Street Group LLC lifted its position in shares of Franklin FTSE Brazil ETF by 351.1% during the fourth quarter. Jane Street Group LLC now owns 218,123 shares of the company’s stock valued at $3,758,000 after buying an additional 169,765 shares during the last quarter. Morgan Stanley lifted its position in shares of Franklin FTSE Brazil ETF by 41.9% during the fourth quarter. Morgan Stanley now owns 39,933 shares of the company’s stock valued at $688,000 after buying an additional 11,791 shares during the last quarter. Main Management ETF Advisors LLC purchased a new stake in shares of Franklin FTSE Brazil ETF during the fourth quarter valued at about $3,888,000. Finally, Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Franklin FTSE Brazil ETF by 90.2% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,835,000 shares of the company’s stock valued at $117,767,000 after buying an additional 3,242,000 shares during the last quarter.

About Franklin FTSE Brazil ETF

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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.