Franklin FTSE Brazil ETF (NYSEARCA:FLBR – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 483,946 shares were traded during mid-day trading, an increase of 105% from the previous session’s volume of 236,347 shares.The stock last traded at $23.5590 and had previously closed at $23.59.
Franklin FTSE Brazil ETF Price Performance
The firm has a market cap of $579.08 million, a price-to-earnings ratio of 9.04 and a beta of 0.62. The firm has a fifty day simple moving average of $22.35 and a two-hundred day simple moving average of $22.83.
Institutional Trading of Franklin FTSE Brazil ETF
A number of institutional investors have recently bought and sold shares of the stock. Parallel Advisors LLC grew its position in Franklin FTSE Brazil ETF by 11.0% during the 1st quarter. Parallel Advisors LLC now owns 4,987 shares of the company’s stock worth $119,000 after purchasing an additional 494 shares during the last quarter. ES4 LLC acquired a new stake in shares of Franklin FTSE Brazil ETF during the fourth quarter worth $230,000. Citadel Advisors LLC acquired a new stake in shares of Franklin FTSE Brazil ETF during the second quarter worth $718,000. Bank of America Corp DE lifted its stake in shares of Franklin FTSE Brazil ETF by 30.6% during the first quarter. Bank of America Corp DE now owns 76,371 shares of the company’s stock worth $1,825,000 after buying an additional 17,889 shares during the period. Finally, Royal Bank of Canada grew its holdings in shares of Franklin FTSE Brazil ETF by 83.7% during the first quarter. Royal Bank of Canada now owns 238,026 shares of the company’s stock valued at $5,686,000 after buying an additional 108,477 shares during the last quarter.
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.
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