Royal Bank of Canada lifted its position in Franklin FTSE Brazil ETF (NYSEARCA:FLBR – Free Report) by 83.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 238,026 shares of the company’s stock after buying an additional 108,477 shares during the quarter. Royal Bank of Canada’s holdings in Franklin FTSE Brazil ETF were worth $5,686,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in FLBR. O Brien Greene & Co. Inc raised its position in Franklin FTSE Brazil ETF by 9.0% during the fourth quarter. O Brien Greene & Co. Inc now owns 634,591 shares of the company’s stock worth $12,089,000 after acquiring an additional 52,418 shares in the last quarter. Morningstar Investment Management LLC grew its position in shares of Franklin FTSE Brazil ETF by 42.5% in the 1st quarter. Morningstar Investment Management LLC now owns 341,071 shares of the company’s stock valued at $8,148,000 after acquiring an additional 101,763 shares during the period. Citadel Advisors LLC bought a new position in shares of Franklin FTSE Brazil ETF in the 3rd quarter valued at about $3,620,000. Empowered Funds LLC acquired a new position in shares of Franklin FTSE Brazil ETF during the 1st quarter worth about $3,092,000. Finally, Bank of Nova Scotia increased its stake in shares of Franklin FTSE Brazil ETF by 6.4% during the 2nd quarter. Bank of Nova Scotia now owns 162,148 shares of the company’s stock worth $2,912,000 after purchasing an additional 9,700 shares during the last quarter.
Franklin FTSE Brazil ETF Stock Performance
Shares of FLBR stock opened at $20.99 on Thursday. Franklin FTSE Brazil ETF has a 52-week low of $17.06 and a 52-week high of $26.25. The stock has a market cap of $516.35 million, a price-to-earnings ratio of 9.04 and a beta of 0.62. The firm’s 50-day moving average is $21.87 and its 200-day moving average is $22.99.
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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