Main Management ETF Advisors LLC purchased a new stake in Franklin FTSE China ETF (NYSEARCA:FLCH – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 198,158 shares of the company’s stock, valued at approximately $4,716,000. Franklin FTSE China ETF makes up 0.2% of Main Management ETF Advisors LLC’s investment portfolio, making the stock its 20th largest holding.
Other hedge funds and other institutional investors have also modified their holdings of the company. Leo Wealth LLC increased its holdings in shares of Franklin FTSE China ETF by 14.8% in the fourth quarter. Leo Wealth LLC now owns 325,978 shares of the company’s stock valued at $7,761,000 after purchasing an additional 42,045 shares in the last quarter. Assetmark Inc. increased its holdings in shares of Franklin FTSE China ETF by 3,125.3% in the fourth quarter. Assetmark Inc. now owns 1,025,288 shares of the company’s stock valued at $24,402,000 after purchasing an additional 993,499 shares in the last quarter. Capital Investment Advisory Services LLC acquired a new stake in shares of Franklin FTSE China ETF in the fourth quarter valued at approximately $26,000. Richardson Financial Services Inc. acquired a new stake in shares of Franklin FTSE China ETF in the fourth quarter valued at approximately $493,000. Finally, Hsbc Holdings PLC acquired a new stake in shares of Franklin FTSE China ETF in the second quarter valued at approximately $300,000.
Franklin FTSE China ETF Price Performance
Shares of Franklin FTSE China ETF stock opened at $21.99 on Monday. The firm has a market cap of $272.68 million, a P/E ratio of 12.83 and a beta of 0.36. The firm has a 50 day simple moving average of $22.76 and a 200 day simple moving average of $23.76. Franklin FTSE China ETF has a fifty-two week low of $20.64 and a fifty-two week high of $26.51.
Franklin FTSE China ETF Profile
The Franklin FTSE China ETF (FLCH) is an exchange-traded fund that is based on the FTSE China RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap companies in China. FLCH was launched on Nov 2, 2017 and is managed by Franklin Templeton.
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