Eagle Bay Advisors LLC Increases Stake in Franklin FTSE Brazil ETF (NYSEARCA:FLBR)

Eagle Bay Advisors LLC increased its position in shares of Franklin FTSE Brazil ETF (NYSEARCA:FLBR) by 33.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,417 shares of the company’s stock after purchasing an additional 1,095 shares during the period. Eagle Bay Advisors LLC’s holdings in Franklin FTSE Brazil ETF were worth $63,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in FLBR. National Bank of Canada FI purchased a new stake in Franklin FTSE Brazil ETF in the third quarter worth $123,000. Jane Street Group LLC grew its holdings in shares of Franklin FTSE Brazil ETF by 220.3% in the third quarter. Jane Street Group LLC now owns 115,659 shares of the company’s stock worth $2,102,000 after purchasing an additional 79,547 shares during the last quarter. Bank of Montreal Can purchased a new position in Franklin FTSE Brazil ETF in the 3rd quarter worth about $2,204,000. Private Advisor Group LLC lifted its holdings in Franklin FTSE Brazil ETF by 4.6% during the 3rd quarter. Private Advisor Group LLC now owns 99,099 shares of the company’s stock valued at $1,801,000 after buying an additional 4,375 shares in the last quarter. Finally, Raymond James & Associates boosted its position in Franklin FTSE Brazil ETF by 63.1% in the 3rd quarter. Raymond James & Associates now owns 384,552 shares of the company’s stock valued at $6,988,000 after buying an additional 148,765 shares during the period.

Franklin FTSE Brazil ETF Stock Performance

Shares of NYSEARCA:FLBR opened at $14.24 on Tuesday. The firm’s 50 day simple moving average is $15.62 and its 200-day simple moving average is $16.90. Franklin FTSE Brazil ETF has a one year low of $13.98 and a one year high of $20.47. The firm has a market cap of $122.46 million, a PE ratio of 5.72 and a beta of 0.93.

Franklin FTSE Brazil ETF Company Profile

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.