Morningstar Investment Management LLC decreased its position in shares of Franklin FTSE Brazil ETF (NYSEARCA:FLBR – Free Report) by 9.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 239,308 shares of the company’s stock after selling 25,988 shares during the period. Morningstar Investment Management LLC’s holdings in Franklin FTSE Brazil ETF were worth $4,559,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sunpointe LLC acquired a new position in Franklin FTSE Brazil ETF during the 4th quarter worth $203,000. Osaic Holdings Inc. raised its position in shares of Franklin FTSE Brazil ETF by 6.7% during the second quarter. Osaic Holdings Inc. now owns 18,659 shares of the company’s stock valued at $335,000 after buying an additional 1,174 shares during the last quarter. Belpointe Asset Management LLC acquired a new position in shares of Franklin FTSE Brazil ETF during the third quarter valued at about $381,000. Wealthfront Advisers LLC raised its position in shares of Franklin FTSE Brazil ETF by 9.3% during the third quarter. Wealthfront Advisers LLC now owns 21,433 shares of the company’s stock valued at $408,000 after buying an additional 1,822 shares during the last quarter. Finally, Susquehanna International Group LLP acquired a new position in shares of Franklin FTSE Brazil ETF during the third quarter valued at about $431,000.
Franklin FTSE Brazil ETF Stock Performance
Shares of FLBR opened at $22.85 on Monday. The company has a 50-day simple moving average of $24.00 and a 200-day simple moving average of $22.16. The firm has a market capitalization of $571.25 million, a P/E ratio of 9.04 and a beta of 0.66. Franklin FTSE Brazil ETF has a 52 week low of $16.45 and a 52 week high of $26.25.
Franklin FTSE Brazil ETF 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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