Franklin FTSE Brazil ETF (NYSEARCA:FLBR) Trading Up 1.4%

Franklin FTSE Brazil ETF (NYSEARCA:FLBR) was up 1.4% during mid-day trading on Thursday . The stock traded as high as $16.97 and last traded at $16.93. Approximately 23,443 shares traded hands during trading, a decline of 56% from the average daily volume of 53,469 shares. The stock had previously closed at $16.69.

Franklin FTSE Brazil ETF Stock Down 1.8 %

The stock has a market capitalization of $142.93 million, a PE ratio of 5.72 and a beta of 0.93. The firm’s fifty day moving average is $18.28 and its 200-day moving average is $19.33.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC purchased a new position in Franklin FTSE Brazil ETF in the first quarter valued at about $28,000. Private Advisor Group LLC increased its holdings in Franklin FTSE Brazil ETF by 4.4% in the first quarter. Private Advisor Group LLC now owns 93,777 shares of the company’s stock valued at $1,838,000 after buying an additional 3,921 shares in the last quarter. Accordant Advisory Group Inc purchased a new position in Franklin FTSE Brazil ETF in the first quarter valued at about $1,688,000. Lumbard & Kellner LLC increased its holdings in Franklin FTSE Brazil ETF by 0.7% in the fourth quarter. Lumbard & Kellner LLC now owns 272,707 shares of the company’s stock valued at $5,713,000 after buying an additional 1,829 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. increased its stake in shares of Franklin FTSE Brazil ETF by 20.9% during the 4th quarter. Total Clarity Wealth Management Inc. now owns 17,345 shares of the company’s stock worth $363,000 after purchasing an additional 2,993 shares in the last quarter.

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.