Marotta Asset Management Acquires 5,688 Shares of Franklin FTSE Mexico ETF (NYSEARCA:FLMX)

Marotta Asset Management raised its holdings in shares of Franklin FTSE Mexico ETF (NYSEARCA:FLMX) by 10.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 59,717 shares of the company’s stock after purchasing an additional 5,688 shares during the period. Marotta Asset Management’s holdings in Franklin FTSE Mexico ETF were worth $1,403,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in FLMX. Jane Street Group LLC bought a new position in Franklin FTSE Mexico ETF during the 3rd quarter valued at approximately $1,199,000. PCG Wealth Advisors LLC grew its stake in shares of Franklin FTSE Mexico ETF by 0.5% in the third quarter. PCG Wealth Advisors LLC now owns 76,345 shares of the company’s stock worth $2,039,000 after acquiring an additional 406 shares during the last quarter. Main Management ETF Advisors LLC increased its holdings in shares of Franklin FTSE Mexico ETF by 31.7% during the second quarter. Main Management ETF Advisors LLC now owns 347,135 shares of the company’s stock valued at $9,781,000 after acquiring an additional 83,600 shares in the last quarter. Finally, Thrivent Financial for Lutherans purchased a new position in shares of Franklin FTSE Mexico ETF in the 2nd quarter worth about $22,338,000.

Franklin FTSE Mexico ETF Price Performance

FLMX stock traded down $0.38 during trading on Friday, hitting $23.14. 39,955 shares of the stock traded hands, compared to its average volume of 74,035. The stock has a market cap of $33.55 million, a price-to-earnings ratio of 13.13 and a beta of 0.88. Franklin FTSE Mexico ETF has a 1 year low of $22.86 and a 1 year high of $34.85. The firm’s 50 day moving average is $24.61 and its two-hundred day moving average is $26.45.

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.