Mirae Asset Global Investments Co. Ltd. Acquires New Holdings in Franklin FTSE Brazil ETF $FLBR

Mirae Asset Global Investments Co. Ltd. bought a new stake in Franklin FTSE Brazil ETF (NYSEARCA:FLBR) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 50,100 shares of the company’s stock, valued at approximately $1,172,000. Mirae Asset Global Investments Co. Ltd. owned approximately 0.19% of Franklin FTSE Brazil ETF at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Parallel Advisors LLC increased its holdings in shares of Franklin FTSE Brazil ETF by 11.0% during the first quarter. Parallel Advisors LLC now owns 4,987 shares of the company’s stock worth $119,000 after buying an additional 494 shares in the last quarter. Armstrong Advisory Group Inc. boosted its holdings in shares of Franklin FTSE Brazil ETF by 31.6% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 9,374 shares of the company’s stock valued at $219,000 after acquiring an additional 2,250 shares in the last quarter. Boltwood Capital Management acquired a new stake in shares of Franklin FTSE Brazil ETF during the 3rd quarter valued at $220,000. Total Clarity Wealth Management Inc. boosted its holdings in shares of Franklin FTSE Brazil ETF by 13.6% during the 3rd quarter. Total Clarity Wealth Management Inc. now owns 25,009 shares of the company’s stock valued at $585,000 after acquiring an additional 2,999 shares in the last quarter. Finally, Citadel Advisors LLC bought a new stake in Franklin FTSE Brazil ETF during the 2nd quarter worth $718,000.

Franklin FTSE Brazil ETF Price Performance

Shares of FLBR stock opened at $19.95 on Monday. Franklin FTSE Brazil ETF has a twelve month low of $18.80 and a twelve month high of $27.42. The stock’s fifty day simple moving average is $23.76 and its 200 day simple moving average is $23.08. The firm has a market capitalization of $544.63 million, a P/E ratio of 9.04 and a beta of 0.66.

About Franklin FTSE Brazil ETF

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.