Raymond James Financial Inc. Invests $4.84 Million in Franklin FTSE Brazil ETF (NYSEARCA:FLBR)

Raymond James Financial Inc. bought a new stake in Franklin FTSE Brazil ETF (NYSEARCA:FLBR) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 341,667 shares of the company’s stock, valued at approximately $4,835,000.

A number of other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC raised its holdings in Franklin FTSE Brazil ETF by 220.3% during the 3rd quarter. Jane Street Group LLC now owns 115,659 shares of the company’s stock valued at $2,102,000 after acquiring an additional 79,547 shares during the period. National Bank of Canada FI purchased a new position in shares of Franklin FTSE Brazil ETF in the third quarter valued at $123,000. Bank of Montreal Can bought a new stake in shares of Franklin FTSE Brazil ETF during the 3rd quarter valued at $2,204,000. Eagle Bay Advisors LLC boosted its stake in Franklin FTSE Brazil ETF by 33.0% in the 4th quarter. Eagle Bay Advisors LLC now owns 4,417 shares of the company’s stock worth $63,000 after purchasing an additional 1,095 shares during the period. Finally, Total Clarity Wealth Management Inc. grew its holdings in Franklin FTSE Brazil ETF by 8.9% during the 4th quarter. Total Clarity Wealth Management Inc. now owns 22,529 shares of the company’s stock valued at $319,000 after buying an additional 1,840 shares in the last quarter.

Franklin FTSE Brazil ETF Stock Up 1.1 %

Shares of FLBR opened at $16.73 on Wednesday. The business’s 50-day moving average price is $15.70 and its 200-day moving average price is $16.21. The stock has a market cap of $177.34 million, a PE ratio of 10.36 and a beta of 1.17. Franklin FTSE Brazil ETF has a twelve month low of $13.98 and a twelve month high of $19.90.

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.