8,450 Shares in Franklin FTSE Mexico ETF $FLMX Purchased by Kaizen Financial Strategies

Kaizen Financial Strategies purchased a new stake in Franklin FTSE Mexico ETF (NYSEARCA:FLMX) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 8,450 shares of the company’s stock, valued at approximately $251,000. Kaizen Financial Strategies owned 0.40% of Franklin FTSE Mexico ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. PCG Wealth Advisors LLC grew its holdings in shares of Franklin FTSE Mexico ETF by 9.8% during the 1st quarter. PCG Wealth Advisors LLC now owns 85,406 shares of the company’s stock worth $2,138,000 after purchasing an additional 7,613 shares in the last quarter. Redmond Asset Management LLC raised its position in shares of Franklin FTSE Mexico ETF by 30.7% in the 1st quarter. Redmond Asset Management LLC now owns 14,265 shares of the company’s stock valued at $357,000 after buying an additional 3,352 shares in the last quarter. Optima Capital LLC acquired a new position in shares of Franklin FTSE Mexico ETF in the 2nd quarter valued at approximately $788,000. Finally, Comprehensive Money Management Services LLC acquired a new stake in shares of Franklin FTSE Mexico ETF during the 2nd quarter worth approximately $222,000.

Franklin FTSE Mexico ETF Stock Down 1.8%

NYSEARCA:FLMX opened at $33.32 on Thursday. The firm has a market capitalization of $69.97 million, a PE ratio of 12.95 and a beta of 0.91. Franklin FTSE Mexico ETF has a twelve month low of $22.86 and a twelve month high of $34.02. The stock’s 50-day simple moving average is $32.33 and its 200 day simple moving average is $30.57.

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.