Franklin FTSE Brazil ETF (NYSEARCA:FLBR) Stock Price Down 0.3% – What’s Next?

Franklin FTSE Brazil ETF (NYSEARCA:FLBR) shares traded down 0.3% during trading on Tuesday . The stock traded as low as $21.49 and last traded at $21.56. Approximately 56,671 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 262,962 shares. The stock had previously closed at $21.62.

Franklin FTSE Brazil ETF Stock Performance

The stock has a 50-day moving average of $22.56 and a 200 day moving average of $22.53. The firm has a market capitalization of $521.75 million, a P/E ratio of 9.04 and a beta of 0.62.

Institutional Trading of Franklin FTSE Brazil ETF

Large investors have recently made changes to their positions in the business. Kestra Advisory Services LLC acquired a new stake in shares of Franklin FTSE Brazil ETF in the fourth quarter valued at $37,000. Parallel Advisors LLC lifted its position in Franklin FTSE Brazil ETF by 44.4% during the 4th quarter. Parallel Advisors LLC now owns 4,493 shares of the company’s stock worth $86,000 after buying an additional 1,382 shares in the last quarter. Sunpointe LLC acquired a new position in Franklin FTSE Brazil ETF during the 4th quarter worth about $203,000. ES4 LLC bought a new stake in Franklin FTSE Brazil ETF during the 4th quarter worth about $230,000. Finally, Osaic Holdings Inc. grew its holdings in Franklin FTSE Brazil ETF by 6.7% during the 2nd quarter. Osaic Holdings Inc. now owns 18,659 shares of the company’s stock worth $335,000 after acquiring an additional 1,174 shares during the last quarter.

About Franklin FTSE Brazil ETF

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.