Innealta Capital LLC Sells 5,071 Shares of Franklin FTSE Brazil ETF (NYSEARCA:FLBR)

Innealta Capital LLC cut its holdings in shares of Franklin FTSE Brazil ETF (NYSEARCA:FLBR) by 10.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 43,130 shares of the company’s stock after selling 5,071 shares during the period. Innealta Capital LLC owned 0.50% of Franklin FTSE Brazil ETF worth $784,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Eagle Bay Advisors LLC purchased a new stake in shares of Franklin FTSE Brazil ETF during the first quarter valued at about $28,000. Total Clarity Wealth Management Inc. grew its stake in Franklin FTSE Brazil ETF by 10.5% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 19,668 shares of the company’s stock worth $327,000 after buying an additional 1,873 shares during the last quarter. Private Advisor Group LLC increased its position in Franklin FTSE Brazil ETF by 1.0% during the 2nd quarter. Private Advisor Group LLC now owns 94,724 shares of the company’s stock valued at $1,574,000 after buying an additional 947 shares in the last quarter. Raymond James & Associates raised its stake in Franklin FTSE Brazil ETF by 9.6% in the second quarter. Raymond James & Associates now owns 235,787 shares of the company’s stock valued at $3,919,000 after buying an additional 20,598 shares during the last quarter. Finally, Main Management ETF Advisors LLC boosted its holdings in Franklin FTSE Brazil ETF by 46.0% in the second quarter. Main Management ETF Advisors LLC now owns 441,935 shares of the company’s stock worth $7,345,000 after acquiring an additional 139,265 shares in the last quarter.

Franklin FTSE Brazil ETF Stock Performance

Shares of FLBR stock opened at $16.40 on Monday. The firm has a market capitalization of $141.04 million, a price-to-earnings ratio of 5.72 and a beta of 0.93. The stock’s 50-day simple moving average is $17.80 and its 200-day simple moving average is $17.87. Franklin FTSE Brazil ETF has a fifty-two week low of $15.93 and a fifty-two week high of $21.19.

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.