PCG Wealth Advisors LLC Increases Stake in Franklin FTSE Mexico ETF (NYSEARCA:FLMX)

PCG Wealth Advisors LLC increased its holdings in Franklin FTSE Mexico ETF (NYSEARCA:FLMX) by 0.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 76,345 shares of the company’s stock after acquiring an additional 406 shares during the quarter. PCG Wealth Advisors LLC owned approximately 5.27% of Franklin FTSE Mexico ETF worth $2,039,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FLMX. Thrivent Financial for Lutherans purchased a new stake in shares of Franklin FTSE Mexico ETF during the second quarter valued at about $22,338,000. Main Management ETF Advisors LLC boosted its position in shares of Franklin FTSE Mexico ETF by 31.7% in the 2nd quarter. Main Management ETF Advisors LLC now owns 347,135 shares of the company’s stock worth $9,781,000 after purchasing an additional 83,600 shares in the last quarter. Beck Capital Management LLC increased its position in Franklin FTSE Mexico ETF by 3.2% during the 1st quarter. Beck Capital Management LLC now owns 121,292 shares of the company’s stock valued at $4,126,000 after buying an additional 3,780 shares in the last quarter. Marotta Asset Management raised its stake in Franklin FTSE Mexico ETF by 25.2% in the third quarter. Marotta Asset Management now owns 54,029 shares of the company’s stock valued at $1,443,000 after buying an additional 10,874 shares during the last quarter. Finally, Ergawealth Advisors Inc. grew its stake in shares of Franklin FTSE Mexico ETF by 14.8% during the second quarter. Ergawealth Advisors Inc. now owns 14,610 shares of the company’s stock worth $412,000 after acquiring an additional 1,887 shares during the last quarter.

Franklin FTSE Mexico ETF Stock Down 0.6 %

Shares of Franklin FTSE Mexico ETF stock traded down $0.16 during midday trading on Wednesday, hitting $26.58. The company had a trading volume of 12,443 shares, compared to its average volume of 40,194. The company has a fifty day simple moving average of $26.98 and a 200 day simple moving average of $29.46. The stock has a market cap of $38.54 million, a price-to-earnings ratio of 13.13 and a beta of 0.88. Franklin FTSE Mexico ETF has a 12-month low of $25.33 and a 12-month high of $34.85.

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.