Franklin FTSE China ETF (NYSEARCA:FLCH) Shares Sold by KWB Wealth

KWB Wealth lessened its holdings in shares of Franklin FTSE China ETF (NYSEARCA:FLCH) by 20.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,075 shares of the company’s stock after selling 6,546 shares during the quarter. KWB Wealth owned 0.32% of Franklin FTSE China ETF worth $557,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its stake in shares of Franklin FTSE China ETF by 4.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 12,696 shares of the company’s stock valued at $234,000 after buying an additional 587 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of Franklin FTSE China ETF by 2.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 39,881 shares of the company’s stock valued at $734,000 after buying an additional 844 shares during the last quarter. Transamerica Financial Advisors Inc. boosted its stake in shares of Franklin FTSE China ETF by 2.7% during the 4th quarter. Transamerica Financial Advisors Inc. now owns 32,223 shares of the company’s stock valued at $593,000 after buying an additional 861 shares during the last quarter. Leo Wealth LLC increased its holdings in Franklin FTSE China ETF by 0.6% in the fourth quarter. Leo Wealth LLC now owns 285,832 shares of the company’s stock valued at $5,259,000 after buying an additional 1,815 shares during the last quarter. Finally, Congress Wealth Management LLC DE increased its holdings in Franklin FTSE China ETF by 0.5% in the fourth quarter. Congress Wealth Management LLC DE now owns 339,697 shares of the company’s stock valued at $6,250,000 after buying an additional 1,838 shares during the last quarter.

Franklin FTSE China ETF Stock Up 2.0%

Shares of Franklin FTSE China ETF stock opened at $21.51 on Thursday. The firm has a market cap of $176.38 million, a P/E ratio of 12.56 and a beta of 0.30. Franklin FTSE China ETF has a fifty-two week low of $15.77 and a fifty-two week high of $23.68. The business has a 50-day moving average price of $20.43 and a 200 day moving average price of $19.94.

About Franklin FTSE China ETF

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.