MML Investors Services LLC Buys New Stake in Franklin FTSE Latin America ETF (NYSEARCA:FLLA)

MML Investors Services LLC purchased a new position in shares of Franklin FTSE Latin America ETF (NYSEARCA:FLLA) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,283 shares of the company’s stock, valued at approximately $529,000. MML Investors Services LLC owned approximately 0.94% of Franklin FTSE Latin America ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Total Clarity Wealth Management Inc. boosted its stake in shares of Franklin FTSE Latin America ETF by 37.5% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 14,973 shares of the company’s stock worth $300,000 after acquiring an additional 4,084 shares in the last quarter. Proquility Private Wealth Partners LLC raised its holdings in Franklin FTSE Latin America ETF by 78.5% in the 3rd quarter. Proquility Private Wealth Partners LLC now owns 31,440 shares of the company’s stock worth $657,000 after purchasing an additional 13,824 shares during the period. Finally, National Bank of Canada FI boosted its position in Franklin FTSE Latin America ETF by 6.7% during the second quarter. National Bank of Canada FI now owns 34,488 shares of the company’s stock worth $684,000 after purchasing an additional 2,153 shares in the last quarter.

Franklin FTSE Latin America ETF Price Performance

Franklin FTSE Latin America ETF stock opened at $17.48 on Monday. The stock has a market capitalization of $47.20 million, a PE ratio of 6.45 and a beta of 0.90. The business has a 50 day simple moving average of $19.22 and a 200-day simple moving average of $20.17. Franklin FTSE Latin America ETF has a 12 month low of $17.31 and a 12 month high of $24.85.

Franklin FTSE Latin America ETF Profile

The Franklin FTSE Latin America ETF (FLLA) is an exchange-traded fund that is based on the FTSE Latin America RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Latin American equities. FLLA was launched on Oct 9, 2018 and is managed by Franklin Templeton.