Cetera Investment Advisers lifted its holdings in shares of Franklin FTSE China ETF (NYSEARCA:FLCH – Free Report) by 51.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 352,175 shares of the company’s stock after purchasing an additional 120,062 shares during the quarter. Cetera Investment Advisers owned 2.84% of Franklin FTSE China ETF worth $7,885,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in FLCH. Balefire LLC boosted its stake in shares of Franklin FTSE China ETF by 60.2% in the first quarter. Balefire LLC now owns 15,405 shares of the company’s stock valued at $345,000 after buying an additional 5,788 shares during the period. Assetmark Inc. grew its position in Franklin FTSE China ETF by 15.5% during the first quarter. Assetmark Inc. now owns 1,184,658 shares of the company’s stock worth $26,524,000 after buying an additional 159,370 shares in the last quarter. Greenwood Capital Associates LLC bought a new position in Franklin FTSE China ETF during the 1st quarter worth $4,249,000. Ascent Advisors LLC bought a new position in Franklin FTSE China ETF during the 1st quarter worth $163,000. Finally, Hsbc Holdings PLC acquired a new position in Franklin FTSE China ETF in the 4th quarter valued at $404,000.
Franklin FTSE China ETF Price Performance
Shares of NYSEARCA FLCH opened at $22.18 on Friday. The business has a fifty day moving average price of $21.42 and a two-hundred day moving average price of $22.78. The stock has a market capitalization of $306.08 million, a PE ratio of 12.83 and a beta of 0.35. Franklin FTSE China ETF has a fifty-two week low of $20.01 and a fifty-two week high of $26.51.
Franklin FTSE China ETF Company 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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