Hsbc Holdings PLC Has $18.54 Million Stock Position in Franklin FTSE Mexico ETF $FLMX

Hsbc Holdings PLC lowered its holdings in shares of Franklin FTSE Mexico ETF (NYSEARCA:FLMX) by 5.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 547,550 shares of the company’s stock after selling 28,770 shares during the period. Hsbc Holdings PLC owned 25.47% of Franklin FTSE Mexico ETF worth $18,535,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of FLMX. Osaic Holdings Inc. boosted its stake in shares of Franklin FTSE Mexico ETF by 7.6% during the 4th quarter. Osaic Holdings Inc. now owns 8,854 shares of the company’s stock worth $300,000 after acquiring an additional 626 shares during the period. HBW Advisory Services LLC boosted its position in Franklin FTSE Mexico ETF by 11.6% during the fourth quarter. HBW Advisory Services LLC now owns 10,927 shares of the company’s stock worth $370,000 after purchasing an additional 1,134 shares during the period. ES4 LLC bought a new position in Franklin FTSE Mexico ETF during the fourth quarter worth $472,000. Bank of America Corp DE increased its holdings in shares of 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 purchasing an additional 4,593 shares during the last quarter. Finally, Royal Bank of Canada acquired a new position in shares of Franklin FTSE Mexico ETF in the fourth quarter valued at $765,000.

Franklin FTSE Mexico ETF Price Performance

Shares of FLMX opened at $36.55 on Wednesday. The company’s 50-day moving average is $37.82 and its 200-day moving average is $37.25. The firm has a market capitalization of $84.06 million, a PE ratio of 12.95 and a beta of 0.77. Franklin FTSE Mexico ETF has a fifty-two week low of $28.81 and a fifty-two week high of $40.03.

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.