Private Trust Co. NA Purchases New Stake in Franklin FTSE Mexico ETF (NYSEARCA:FLMX)

Private Trust Co. NA acquired a new position in shares of Franklin FTSE Mexico ETF (NYSEARCA:FLMX) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 62,295 shares of the company’s stock, valued at approximately $1,433,000. Private Trust Co. NA owned approximately 4.30% of Franklin FTSE Mexico ETF at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new position in Franklin FTSE Mexico ETF during the 3rd quarter valued at about $1,199,000. Eagle Bay Advisors LLC acquired a new stake in shares of Franklin FTSE Mexico ETF during the fourth quarter worth approximately $34,000. Evolution Wealth Advisors LLC acquired a new stake in shares of Franklin FTSE Mexico ETF during the fourth quarter worth approximately $606,000. Marotta Asset Management boosted its holdings in shares of Franklin FTSE Mexico ETF by 10.5% during the fourth quarter. Marotta Asset Management now owns 59,717 shares of the company’s stock worth $1,403,000 after purchasing an additional 5,688 shares during the period. Finally, Redmond Asset Management LLC lifted its stake in Franklin FTSE Mexico ETF by 37.8% in the fourth quarter. Redmond Asset Management LLC now owns 10,913 shares of the company’s stock valued at $251,000 after acquiring an additional 2,994 shares during the last quarter.

Franklin FTSE Mexico ETF Stock Down 0.4 %

NYSEARCA FLMX opened at $24.81 on Friday. The company has a 50 day moving average price of $24.27 and a two-hundred day moving average price of $25.50. Franklin FTSE Mexico ETF has a 12-month low of $22.86 and a 12-month high of $34.85. The stock has a market capitalization of $35.97 million, a PE ratio of 13.13 and a beta of 0.88.

Franklin FTSE Mexico ETF Profile

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.