Redmond Asset Management LLC Purchases 2,994 Shares of Franklin FTSE Mexico ETF (NYSEARCA:FLMX)

Redmond Asset Management LLC raised its position in shares of Franklin FTSE Mexico ETF (NYSEARCA:FLMX) by 37.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 10,913 shares of the company’s stock after purchasing an additional 2,994 shares during the quarter. Redmond Asset Management LLC’s holdings in Franklin FTSE Mexico ETF were worth $251,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FLMX. Thrivent Financial for Lutherans lifted its holdings in shares of Franklin FTSE Mexico ETF by 58.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,257,928 shares of the company’s stock valued at $33,599,000 after acquiring an additional 465,129 shares during the last quarter. Carnegie Investment Counsel purchased a new position in shares of Franklin FTSE Mexico ETF in the 4th quarter worth approximately $2,799,000. PCG Wealth Advisors LLC boosted its stake in Franklin FTSE Mexico ETF by 1.9% during the fourth quarter. PCG Wealth Advisors LLC now owns 77,793 shares of the company’s stock worth $1,789,000 after buying an additional 1,448 shares during the period. Marotta Asset Management boosted its stake in Franklin FTSE Mexico ETF by 10.5% during the fourth quarter. Marotta Asset Management now owns 59,717 shares of the company’s stock worth $1,403,000 after buying an additional 5,688 shares during the period. Finally, Jane Street Group LLC bought a new position in Franklin FTSE Mexico ETF during the third quarter valued at $1,199,000.

Franklin FTSE Mexico ETF Trading Down 1.8 %

Franklin FTSE Mexico ETF stock opened at $25.46 on Friday. The firm has a market capitalization of $36.92 million, a PE ratio of 13.13 and a beta of 0.88. Franklin FTSE Mexico ETF has a 12-month low of $22.86 and a 12-month high of $34.85. The firm has a 50-day moving average price of $24.22 and a 200-day moving average price of $25.55.

Franklin FTSE Mexico ETF 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.