Private Advisor Group LLC Has $1.57 Million Stake in Franklin FTSE Brazil ETF (NYSEARCA:FLBR)

Private Advisor Group LLC increased its position in shares of Franklin FTSE Brazil ETF (NYSEARCA:FLBR) by 1.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 94,724 shares of the company’s stock after purchasing an additional 947 shares during the quarter. Private Advisor Group LLC’s holdings in Franklin FTSE Brazil ETF were worth $1,574,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in FLBR. Lumbard & Kellner LLC grew its position in shares of Franklin FTSE Brazil ETF by 0.7% during the 4th quarter. Lumbard & Kellner LLC now owns 272,707 shares of the company’s stock worth $5,713,000 after purchasing an additional 1,829 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of Franklin FTSE Brazil ETF in the first quarter valued at approximately $28,000. CX Institutional grew its position in Franklin FTSE Brazil ETF by 1.7% during the second quarter. CX Institutional now owns 791,292 shares of the company’s stock worth $13,151,000 after buying an additional 13,439 shares in the last quarter. Finally, Raymond James & Associates grew its position in Franklin FTSE Brazil ETF by 9.6% during the second quarter. Raymond James & Associates now owns 235,787 shares of the company’s stock worth $3,919,000 after buying an additional 20,598 shares in the last quarter.

Franklin FTSE Brazil ETF Price Performance

Shares of NYSEARCA FLBR opened at $18.08 on Friday. The business has a fifty day moving average price of $17.66 and a two-hundred day moving average price of $18.31. The stock has a market capitalization of $155.51 million, a PE ratio of 5.72 and a beta of 0.93. Franklin FTSE Brazil ETF has a fifty-two week low of $15.93 and a fifty-two week high of $21.19.

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.