Franklin FTSE Mexico ETF $FLMX Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC reduced its position in Franklin FTSE Mexico ETF (NYSEARCA:FLMX) by 5.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 547,550 shares of the company’s stock after selling 28,770 shares during the quarter. Hsbc Holdings PLC owned about 25.47% of Franklin FTSE Mexico ETF worth $18,535,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Osaic Holdings Inc. boosted its position in shares of Franklin FTSE Mexico ETF by 7.6% in the 4th quarter. Osaic Holdings Inc. now owns 8,854 shares of the company’s stock worth $300,000 after purchasing an additional 626 shares in the last quarter. HBW Advisory Services LLC increased its position in Franklin FTSE Mexico ETF by 11.6% during the 4th quarter. HBW Advisory Services LLC now owns 10,927 shares of the company’s stock valued at $370,000 after buying an additional 1,134 shares in the last quarter. ES4 LLC acquired a new position in Franklin FTSE Mexico ETF during the 4th quarter valued at about $472,000. Bank of America Corp DE raised its stake in Franklin FTSE Mexico ETF by 43.1% in the third quarter. Bank of America Corp DE now owns 15,244 shares of the company’s stock valued at $506,000 after buying an additional 4,593 shares during the last quarter. Finally, Royal Bank of Canada purchased a new stake in Franklin FTSE Mexico ETF in the fourth quarter valued at about $765,000.

Franklin FTSE Mexico ETF Stock Performance

Shares of NYSEARCA FLMX opened at $37.49 on Friday. Franklin FTSE Mexico ETF has a fifty-two week low of $28.81 and a fifty-two week high of $40.03. The company has a market cap of $89.98 million, a PE ratio of 12.95 and a beta of 0.77. The business has a 50-day simple moving average of $38.06 and a two-hundred day simple moving average of $37.10.

Franklin FTSE Mexico ETF Company Profile

The Franklin FTSE Mexico ETF (FLMX) is an exchange-traded fund that is based on the FTSE Mexico RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Mexican equities. FLMX was launched on Nov 3, 2017 and is managed by Franklin Templeton.