Eagle Bay Advisors LLC Grows Stock Holdings in Franklin FTSE Brazil ETF (NYSEARCA:FLBR)

Eagle Bay Advisors LLC increased its stake in shares of Franklin FTSE Brazil ETF (NYSEARCA:FLBR) by 93.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,322 shares of the company’s stock after buying an additional 1,609 shares during the quarter. Eagle Bay Advisors LLC’s holdings in Franklin FTSE Brazil ETF were worth $60,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Total Clarity Wealth Management Inc. lifted its position in Franklin FTSE Brazil ETF by 10.5% in 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. Private Advisor Group LLC lifted its position in shares of Franklin FTSE Brazil ETF by 1.0% during the 2nd quarter. Private Advisor Group LLC now owns 94,724 shares of the company’s stock valued at $1,574,000 after acquiring an additional 947 shares during the period. Raymond James & Associates raised its position in shares of Franklin FTSE Brazil ETF by 9.6% during the 2nd quarter. Raymond James & Associates now owns 235,787 shares of the company’s stock worth $3,919,000 after purchasing an additional 20,598 shares during the last quarter. Main Management ETF Advisors LLC raised its position in shares of Franklin FTSE Brazil ETF by 46.0% during 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 last quarter. Finally, CX Institutional raised its position in shares of Franklin FTSE Brazil ETF by 1.7% during the 2nd quarter. CX Institutional now owns 791,292 shares of the company’s stock worth $13,151,000 after purchasing an additional 13,439 shares during the last quarter.

Franklin FTSE Brazil ETF Stock Down 1.2 %

Shares of Franklin FTSE Brazil ETF stock traded down $0.20 during trading on Wednesday, hitting $16.95. 58,170 shares of the company were exchanged, compared to its average volume of 57,247. Franklin FTSE Brazil ETF has a fifty-two week low of $15.93 and a fifty-two week high of $21.19. The stock has a market capitalization of $145.77 million, a price-to-earnings ratio of 5.72 and a beta of 0.93. The firm has a 50 day moving average price of $18.02 and a 200 day moving average price of $17.98.

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.