Franklin FTSE Latin America ETF (NYSEARCA:FLLA – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 38,668 shares, a growth of 99.2% from the May 14th total of 19,410 shares. Currently, 1.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 68,752 shares, the short-interest ratio is presently 0.6 days.
Franklin FTSE Latin America ETF Price Performance
Shares of FLLA traded up $0.30 during mid-day trading on Friday, reaching $27.52. The stock had a trading volume of 26,656 shares, compared to its average volume of 57,159. Franklin FTSE Latin America ETF has a 52-week low of $20.46 and a 52-week high of $30.98. The business’s fifty day moving average is $28.59 and its 200 day moving average is $27.25. The firm has a market cap of $107.33 million, a price-to-earnings ratio of 10.26 and a beta of 0.68.
Institutional Investors Weigh In On Franklin FTSE Latin America ETF
A number of hedge funds have recently modified their holdings of the company. Bank of America Corp DE grew its holdings in shares of Franklin FTSE Latin America ETF by 1.2% in the third quarter. Bank of America Corp DE now owns 55,842 shares of the company’s stock valued at $1,309,000 after purchasing an additional 651 shares during the period. Quantinno Capital Management LP grew its holdings in shares of Franklin FTSE Latin America ETF by 7.6% in the first quarter. Quantinno Capital Management LP now owns 13,941 shares of the company’s stock valued at $394,000 after purchasing an additional 988 shares during the period. Total Clarity Wealth Management Inc. grew its holdings in shares of Franklin FTSE Latin America ETF by 5.9% in the fourth quarter. Total Clarity Wealth Management Inc. now owns 23,780 shares of the company’s stock valued at $573,000 after purchasing an additional 1,320 shares during the period. MML Investors Services LLC grew its holdings in shares of Franklin FTSE Latin America ETF by 4.7% in the fourth quarter. MML Investors Services LLC now owns 44,281 shares of the company’s stock valued at $1,067,000 after purchasing an additional 2,000 shares during the period. Finally, Comprehensive Money Management Services LLC grew its holdings in shares of Franklin FTSE Latin America ETF by 21.0% in the first quarter. Comprehensive Money Management Services LLC now owns 17,329 shares of the company’s stock valued at $490,000 after purchasing an additional 3,006 shares during the period.
Franklin FTSE Latin America ETF Company Profile
The Franklin FTSE Latin America ETF (FLLA) is an exchange-traded fund that is based on the FTSE Latin America RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Latin American equities. FLLA was launched on Oct 9, 2018 and is managed by Franklin Templeton.
Featured Stories
- Five stocks we like better than Franklin FTSE Latin America ETF
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
Receive News & Ratings for Franklin FTSE Latin America ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin FTSE Latin America ETF and related companies with MarketBeat.com's FREE daily email newsletter.
