Franklin FTSE Mexico ETF $FLMX Shares Purchased by PCG Wealth Advisors LLC

PCG Wealth Advisors LLC grew its holdings in shares of Franklin FTSE Mexico ETF (NYSEARCA:FLMX) by 17.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 101,275 shares of the company’s stock after acquiring an additional 15,053 shares during the period. PCG Wealth Advisors LLC’s holdings in Franklin FTSE Mexico ETF were worth $3,428,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Texas Yale Capital Corp. acquired a new position in shares of Franklin FTSE Mexico ETF in the third quarter worth about $216,000. Marotta Asset Management increased its holdings in Franklin FTSE Mexico ETF by 9.7% during the 4th quarter. Marotta Asset Management now owns 58,309 shares of the company’s stock worth $1,974,000 after purchasing an additional 5,136 shares during the last quarter. Bank of America Corp DE raised its position in shares of Franklin FTSE Mexico ETF by 43.1% in the 3rd quarter. Bank of America Corp DE now owns 15,244 shares of the company’s stock valued at $506,000 after purchasing an additional 4,593 shares in the last quarter. Finally, HBW Advisory Services LLC boosted its stake in shares of Franklin FTSE Mexico ETF by 11.6% during the 4th quarter. HBW Advisory Services LLC now owns 10,927 shares of the company’s stock valued at $370,000 after buying an additional 1,134 shares during the last quarter.

Franklin FTSE Mexico ETF Trading Down 1.7%

FLMX stock opened at $38.51 on Friday. The firm has a 50 day simple moving average of $37.26 and a 200-day simple moving average of $36.05. The company has a market capitalization of $92.42 million, a P/E ratio of 12.95 and a beta of 0.77. Franklin FTSE Mexico ETF has a twelve month low of $28.13 and a twelve month high of $40.03.

Franklin FTSE Mexico ETF Company Profile

The Franklin FTSE Mexico ETF (FLMX) is an exchange-traded fund that is based on the FTSE Mexico RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Mexican equities. FLMX was launched on Nov 3, 2017 and is managed by Franklin Templeton.