Atlas Capital Advisors Inc. Takes $3.41 Million Position in Franklin FTSE China ETF $FLCH

Atlas Capital Advisors Inc. purchased a new stake in Franklin FTSE China ETF (NYSEARCA:FLCH) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 143,365 shares of the company’s stock, valued at approximately $3,412,000. Atlas Capital Advisors Inc. owned 1.24% of Franklin FTSE China ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of FLCH. Royal Bank of Canada bought a new position in shares of Franklin FTSE China ETF in the 1st quarter worth $3,909,000. Hsbc Holdings PLC bought a new position in shares of Franklin FTSE China ETF in the 2nd quarter worth $300,000. EverSource Wealth Advisors LLC increased its holdings in shares of Franklin FTSE China ETF by 422.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,127 shares of the company’s stock worth $155,000 after buying an additional 5,762 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Franklin FTSE China ETF by 6.3% in the 2nd quarter. NewEdge Advisors LLC now owns 223,485 shares of the company’s stock worth $4,851,000 after buying an additional 13,166 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Franklin FTSE China ETF by 1,806.9% in the 2nd quarter. Bank of America Corp DE now owns 100,438 shares of the company’s stock worth $2,180,000 after buying an additional 95,171 shares during the last quarter.

Franklin FTSE China ETF Price Performance

Shares of NYSEARCA:FLCH opened at $21.83 on Friday. The company’s fifty day moving average price is $22.69 and its 200-day moving average price is $23.56. The firm has a market capitalization of $270.69 million, a price-to-earnings ratio of 12.83 and a beta of 0.34. Franklin FTSE China ETF has a one year low of $21.01 and a one year high of $26.51.

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.