Main Management ETF Advisors LLC Purchases 83,600 Shares of Franklin FTSE Mexico ETF (NYSEARCA:FLMX)

Main Management ETF Advisors LLC increased its position in shares of Franklin FTSE Mexico ETF (NYSEARCA:FLMX) by 31.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 347,135 shares of the company’s stock after purchasing an additional 83,600 shares during the period. Franklin FTSE Mexico ETF makes up 0.5% of Main Management ETF Advisors LLC’s portfolio, making the stock its 25th largest holding. Main Management ETF Advisors LLC owned about 0.24% of Franklin FTSE Mexico ETF worth $9,781,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Ergawealth Advisors Inc. lifted its stake in Franklin FTSE Mexico ETF by 14.8% in the second quarter. Ergawealth Advisors Inc. now owns 14,610 shares of the company’s stock worth $412,000 after purchasing an additional 1,887 shares during the last quarter. Beck Capital Management LLC raised its holdings in shares of Franklin FTSE Mexico ETF by 3.2% in the first quarter. Beck Capital Management LLC now owns 121,292 shares of the company’s stock worth $4,126,000 after buying an additional 3,780 shares during the period. Marotta Asset Management bought a new stake in shares of Franklin FTSE Mexico ETF during the 1st quarter worth approximately $405,000. PCG Wealth Advisors LLC lifted its stake in shares of Franklin FTSE Mexico ETF by 24.9% during the 2nd quarter. PCG Wealth Advisors LLC now owns 75,939 shares of the company’s stock worth $2,140,000 after acquiring an additional 15,127 shares during the last quarter. Finally, Thrivent Financial for Lutherans purchased a new position in Franklin FTSE Mexico ETF during the 2nd quarter valued at $22,338,000.

Franklin FTSE Mexico ETF Stock Up 1.3 %

FLMX stock opened at $27.46 on Friday. Franklin FTSE Mexico ETF has a twelve month low of $25.33 and a twelve month high of $34.85. The firm has a market cap of $39.82 million, a price-to-earnings ratio of 13.13 and a beta of 0.88. The business’s fifty day simple moving average is $27.22 and its two-hundred day simple moving average is $30.06.

Franklin FTSE Mexico ETF 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.