Morningstar Investment Management LLC Acquires 101,763 Shares of Franklin FTSE Brazil ETF $FLBR

Morningstar Investment Management LLC lifted its holdings in shares of Franklin FTSE Brazil ETF (NYSEARCA:FLBR) by 42.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 341,071 shares of the company’s stock after buying an additional 101,763 shares during the period. Morningstar Investment Management LLC owned about 1.36% of Franklin FTSE Brazil ETF worth $8,148,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Parallel Advisors LLC increased its position in shares of Franklin FTSE Brazil ETF by 11.0% in the first quarter. Parallel Advisors LLC now owns 4,987 shares of the company’s stock valued at $119,000 after acquiring an additional 494 shares during the last quarter. Osaic Holdings Inc. raised its holdings in Franklin FTSE Brazil ETF by 6.7% during the second quarter. Osaic Holdings Inc. now owns 18,659 shares of the company’s stock worth $335,000 after acquiring an additional 1,174 shares in the last quarter. MMA Asset Management LLC boosted its position in Franklin FTSE Brazil ETF by 1.5% during the fourth quarter. MMA Asset Management LLC now owns 119,064 shares of the company’s stock valued at $2,268,000 after purchasing an additional 1,802 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in Franklin FTSE Brazil ETF during the fourth quarter valued at approximately $37,000. Finally, Bank of Nova Scotia grew its stake in Franklin FTSE Brazil ETF by 6.4% in the second quarter. Bank of Nova Scotia now owns 162,148 shares of the company’s stock valued at $2,912,000 after purchasing an additional 9,700 shares in the last quarter.

Franklin FTSE Brazil ETF Stock Down 1.7%

FLBR stock opened at $22.21 on Friday. The company has a market cap of $537.48 million, a price-to-earnings ratio of 9.04 and a beta of 0.62. Franklin FTSE Brazil ETF has a twelve month low of $16.45 and a twelve month high of $26.25. The business has a 50 day moving average price of $22.03 and a two-hundred day moving average price of $22.78.

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.