Royal Bank of Canada grew its position in shares of Franklin FTSE Brazil ETF (NYSEARCA:FLBR – Free Report) by 83.7% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 238,026 shares of the company’s stock after acquiring an additional 108,477 shares during the quarter. Royal Bank of Canada owned 0.95% of Franklin FTSE Brazil ETF worth $5,686,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Kestra Advisory Services LLC bought a new stake in shares of Franklin FTSE Brazil ETF in the fourth quarter worth $37,000. Parallel Advisors LLC grew its position in Franklin FTSE Brazil ETF by 44.4% in the fourth quarter. Parallel Advisors LLC now owns 4,493 shares of the company’s stock valued at $86,000 after purchasing an additional 1,382 shares in the last quarter. Sunpointe LLC acquired a new stake in Franklin FTSE Brazil ETF in the 4th quarter valued at $203,000. ES4 LLC acquired a new stake in Franklin FTSE Brazil ETF in the 4th quarter valued at $230,000. Finally, Osaic Holdings Inc. lifted its position in Franklin FTSE Brazil ETF by 6.7% during the 2nd quarter. Osaic Holdings Inc. now owns 18,659 shares of the company’s stock worth $335,000 after buying an additional 1,174 shares in the last quarter.
Franklin FTSE Brazil ETF Price Performance
Franklin FTSE Brazil ETF stock opened at $20.99 on Thursday. The firm has a 50-day moving average of $21.87 and a 200-day moving average of $22.99. Franklin FTSE Brazil ETF has a one year low of $17.06 and a one year high of $26.25. The company has a market cap of $516.35 million, a price-to-earnings ratio of 9.04 and a beta of 0.62.
Franklin FTSE Brazil ETF Company Profile
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.
Featured Articles
- Five stocks we like better than Franklin FTSE Brazil ETF
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
Want to see what other hedge funds are holding FLBR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin FTSE Brazil ETF (NYSEARCA:FLBR – Free Report).
Receive News & Ratings for Franklin FTSE Brazil ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin FTSE Brazil ETF and related companies with MarketBeat.com's FREE daily email newsletter.
