Franklin FTSE Brazil ETF (NYSEARCA:FLBR) Shares Down 0.3% – Here’s What Happened

Posted by Latisha Jones on Nov 25th, 2024

Franklin FTSE Brazil ETF (NYSEARCA:FLBR – Get Free Report) fell 0.3% during mid-day trading on Monday . The company traded as low as $16.75 and last traded at $16.75. 29,182 shares changed hands during trading, a decline of 46% from the average session volume of 53,664 shares. The stock had previously closed at $16.80.

Franklin FTSE Brazil ETF Price Performance

The business’s fifty day moving average is $17.37 and its 200-day moving average is $17.61. The firm has a market cap of $144.05 million, a PE ratio of 5.72 and a beta of 0.93.

Institutional Trading of Franklin FTSE Brazil ETF

Large investors have recently added to or reduced their stakes in the stock. Eagle Bay Advisors LLC increased its holdings in Franklin FTSE Brazil ETF by 93.9% during the third quarter. Eagle Bay Advisors LLC now owns 3,322 shares of the company’s stock worth $60,000 after buying an additional 1,609 shares during the last quarter. National Bank of Canada FI purchased a new stake in Franklin FTSE Brazil ETF during the third quarter worth about $123,000. Total Clarity Wealth Management Inc. increased its holdings in Franklin FTSE Brazil ETF by 10.5% during the second quarter. Total Clarity Wealth Management Inc. now owns 19,668 shares of the company’s stock worth $327,000 after buying an additional 1,873 shares during the last quarter. Private Advisor Group LLC increased its holdings in Franklin FTSE Brazil ETF by 1.0% during the second quarter. Private Advisor Group LLC now owns 94,724 shares of the company’s stock worth $1,574,000 after buying an additional 947 shares during the last quarter. Finally, Bank of Montreal Can purchased a new position in shares of Franklin FTSE Brazil ETF in the third quarter worth about $2,204,000.

Franklin FTSE Brazil ETF Company Profile

(Get Free Report)

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.