Innealta Capital LLC Decreases Stock Holdings in Franklin FTSE Brazil ETF $FLBR

Innealta Capital LLC cut its holdings in Franklin FTSE Brazil ETF (NYSEARCA:FLBR) by 11.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,733 shares of the company’s stock after selling 3,553 shares during the quarter. Innealta Capital LLC owned 0.22% of Franklin FTSE Brazil ETF worth $480,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of FLBR. O Brien Greene & Co. Inc purchased a new stake in Franklin FTSE Brazil ETF during the second quarter valued at $9,802,000. MMA Asset Management LLC purchased a new stake in shares of Franklin FTSE Brazil ETF during the 2nd quarter valued at about $1,620,000. Wealthfront Advisers LLC raised its position in shares of Franklin FTSE Brazil ETF by 90.1% during the 2nd quarter. Wealthfront Advisers LLC now owns 19,611 shares of the company’s stock valued at $352,000 after buying an additional 9,296 shares in the last quarter. Total Clarity Wealth Management Inc. lifted its holdings in shares of Franklin FTSE Brazil ETF by 7.4% in the 2nd quarter. Total Clarity Wealth Management Inc. now owns 24,197 shares of the company’s stock valued at $435,000 after acquiring an additional 1,668 shares during the last quarter. Finally, Armstrong Advisory Group Inc. purchased a new position in Franklin FTSE Brazil ETF in the second quarter worth about $142,000.

Franklin FTSE Brazil ETF Price Performance

Shares of NYSEARCA FLBR opened at $19.71 on Friday. Franklin FTSE Brazil ETF has a 1-year low of $13.98 and a 1-year high of $19.79. The business’s 50 day moving average is $18.62 and its two-hundred day moving average is $17.81. The stock has a market capitalization of $260.17 million, a P/E ratio of 9.04 and a beta of 0.88.

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.