Janney Montgomery Scott LLC purchased a new stake in Franklin FTSE Latin America ETF (NYSEARCA:FLLA – Free Report) in the first quarter, Holdings Channel.com reports. The institutional investor purchased 45,708 shares of the company’s stock, valued at approximately $1,293,000.
Several other hedge funds have also bought and sold shares of FLLA. WealthShield Partners LLC boosted its position in Franklin FTSE Latin America ETF by 197.9% in the 4th quarter. WealthShield Partners LLC now owns 8,504 shares of the company’s stock worth $205,000 after purchasing an additional 5,649 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in shares of Franklin FTSE Latin America ETF during the 2nd quarter valued at approximately $252,000. Baker Ellis Asset Management LLC purchased a new position in shares of Franklin FTSE Latin America ETF during the 4th quarter valued at approximately $289,000. Orion Porfolio Solutions LLC acquired a new position in shares of Franklin FTSE Latin America ETF in the 4th quarter valued at $313,000. Finally, Total Clarity Wealth Management Inc. lifted its stake in shares of Franklin FTSE Latin America ETF by 5.9% in the 4th 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.
Franklin FTSE Latin America ETF Stock Performance
NYSEARCA FLLA traded up $0.58 during mid-day trading on Friday, reaching $27.27. 33,344 shares of the stock were exchanged, compared to its average volume of 53,320. The company has a market capitalization of $109.08 million, a P/E ratio of 10.26 and a beta of 0.69. The business’s 50 day moving average is $27.47 and its 200-day moving average is $27.54. Franklin FTSE Latin America ETF has a 1 year low of $20.46 and a 1 year high of $30.98.
About Franklin FTSE Latin America ETF
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.
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Want to see what other hedge funds are holding FLLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin FTSE Latin America ETF (NYSEARCA:FLLA – Free Report).
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