MMA Asset Management LLC Has $2.23 Million Stock Holdings in Franklin FTSE Brazil ETF $FLBR

MMA Asset Management LLC raised its stake in Franklin FTSE Brazil ETF (NYSEARCA:FLBR) by 30.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 117,262 shares of the company’s stock after purchasing an additional 27,056 shares during the period. MMA Asset Management LLC owned 0.89% of Franklin FTSE Brazil ETF worth $2,234,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Osaic Holdings Inc. boosted its holdings in shares of Franklin FTSE Brazil ETF by 6.7% during the 2nd quarter. Osaic Holdings Inc. now owns 18,659 shares of the company’s stock worth $335,000 after buying an additional 1,174 shares during the period. Wealthfront Advisers LLC lifted its position in Franklin FTSE Brazil ETF by 90.1% during the second quarter. Wealthfront Advisers LLC now owns 19,611 shares of the company’s stock worth $352,000 after acquiring an additional 9,296 shares during the last quarter. Belpointe Asset Management LLC bought a new stake in shares of Franklin FTSE Brazil ETF during the third quarter worth approximately $381,000. Total Clarity Wealth Management Inc. boosted its holdings in shares of Franklin FTSE Brazil ETF by 7.4% during the second quarter. Total Clarity Wealth Management Inc. now owns 24,197 shares of the company’s stock worth $435,000 after acquiring an additional 1,668 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in shares of Franklin FTSE Brazil ETF in the second quarter valued at approximately $705,000.

Franklin FTSE Brazil ETF Trading Up 1.6%

NYSEARCA:FLBR opened at $22.91 on Friday. The stock has a market cap of $323.03 million, a P/E ratio of 9.04 and a beta of 0.88. The stock has a 50 day simple moving average of $20.51 and a 200 day simple moving average of $19.19. Franklin FTSE Brazil ETF has a 1-year low of $14.60 and a 1-year high of $23.55.

Franklin FTSE Brazil ETF 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.