Franklin FTSE Mexico ETF $FLMX Stake Reduced by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. decreased its holdings in Franklin FTSE Mexico ETF (NYSEARCA:FLMX) by 53.2% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 48,764 shares of the company’s stock after selling 55,424 shares during the quarter. Goldman Sachs Group Inc. owned 2.57% of Franklin FTSE Mexico ETF worth $1,221,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. NBC Securities Inc. increased its stake in Franklin FTSE Mexico ETF by 170,300.0% in the 1st quarter. NBC Securities Inc. now owns 1,704 shares of the company’s stock valued at $42,000 after buying an additional 1,703 shares during the period. Redmond Asset Management LLC increased its position in Franklin FTSE Mexico ETF by 30.7% in the 1st quarter. Redmond Asset Management LLC now owns 14,265 shares of the company’s stock worth $357,000 after buying an additional 3,352 shares during the period. Finally, PCG Wealth Advisors LLC increased its position in Franklin FTSE Mexico ETF by 9.8% in the 1st quarter. PCG Wealth Advisors LLC now owns 85,406 shares of the company’s stock worth $2,138,000 after buying an additional 7,613 shares during the period.

Franklin FTSE Mexico ETF Price Performance

Shares of FLMX stock opened at $32.24 on Monday. The firm has a market cap of $67.70 million, a price-to-earnings ratio of 12.95 and a beta of 1.01. The stock’s fifty day simple moving average is $30.36 and its 200 day simple moving average is $28.78. Franklin FTSE Mexico ETF has a one year low of $22.86 and a one year high of $32.87.

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.