Boltwood Capital Management Buys 1,850 Shares of Franklin FTSE China ETF (NYSEARCA:FLCH)

Boltwood Capital Management increased its stake in shares of Franklin FTSE China ETF (NYSEARCA:FLCH) by 4.5% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 43,050 shares of the company’s stock after acquiring an additional 1,850 shares during the period. Boltwood Capital Management owned about 0.53% of Franklin FTSE China ETF worth $920,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Assetmark Inc. bought a new stake in Franklin FTSE China ETF during the fourth quarter worth about $86,000. GTS Securities LLC bought a new stake in Franklin FTSE China ETF in the fourth quarter valued at approximately $218,000. Envestnet Asset Management Inc. raised its stake in Franklin FTSE China ETF by 4.8% in the fourth 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 period. Atlas Capital Advisors Inc. raised its stake in Franklin FTSE China ETF by 162.1% in the fourth quarter. Atlas Capital Advisors Inc. now owns 24,334 shares of the company’s stock valued at $448,000 after buying an additional 15,049 shares during the period. Finally, Benjamin Edwards Inc. raised its stake in Franklin FTSE China ETF by 8.0% in the fourth quarter. Benjamin Edwards Inc. now owns 31,834 shares of the company’s stock valued at $586,000 after buying an additional 2,367 shares during the period.

Franklin FTSE China ETF Stock Up 2.0%

NYSEARCA:FLCH opened at $21.51 on Thursday. The stock’s 50 day moving average price is $20.43 and its two-hundred day moving average price is $19.94. The firm has a market capitalization of $176.38 million, a price-to-earnings ratio of 12.56 and a beta of 0.30. Franklin FTSE China ETF has a 12-month low of $15.77 and a 12-month high of $23.68.

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.