Bank of Montreal Can Takes Position in Franklin FTSE Brazil ETF (NYSEARCA:FLBR)

Bank of Montreal Can bought a new position in shares of Franklin FTSE Brazil ETF (NYSEARCA:FLBR) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 112,500 shares of the company’s stock, valued at approximately $2,204,000. Bank of Montreal Can owned about 1.31% of Franklin FTSE Brazil ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of FLBR. Private Advisor Group LLC lifted its position in Franklin FTSE Brazil ETF by 1.0% during the second quarter. Private Advisor Group LLC now owns 94,724 shares of the company’s stock valued at $1,574,000 after purchasing an additional 947 shares during the last quarter. Eagle Bay Advisors LLC increased its stake in Franklin FTSE Brazil ETF by 93.9% during the third quarter. Eagle Bay Advisors LLC now owns 3,322 shares of the company’s stock worth $60,000 after acquiring an additional 1,609 shares during the last quarter. Total Clarity Wealth Management Inc. raised its position in Franklin FTSE Brazil ETF by 10.5% during the second quarter. Total Clarity Wealth Management Inc. now owns 19,668 shares of the company’s stock valued at $327,000 after purchasing an additional 1,873 shares during the period. Raymond James & Associates lifted its stake in shares of Franklin FTSE Brazil ETF by 9.6% in the 2nd quarter. Raymond James & Associates now owns 235,787 shares of the company’s stock valued at $3,919,000 after purchasing an additional 20,598 shares during the last quarter. Finally, Main Management ETF Advisors LLC boosted its holdings in shares of Franklin FTSE Brazil ETF by 46.0% in the 2nd quarter. Main Management ETF Advisors LLC now owns 441,935 shares of the company’s stock worth $7,345,000 after purchasing an additional 139,265 shares during the period.

Franklin FTSE Brazil ETF Stock Performance

NYSEARCA FLBR opened at $16.08 on Friday. The business’s 50 day moving average price is $17.04 and its 200-day moving average price is $17.46. Franklin FTSE Brazil ETF has a fifty-two week low of $15.44 and a fifty-two week high of $21.19. The company has a market cap of $138.31 million, a P/E ratio of 5.72 and a beta of 0.93.

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.