Assetmark Inc. raised its holdings in shares of Franklin FTSE China ETF (NYSEARCA:FLCH – Free Report) by 15.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 1,184,658 shares of the company’s stock after purchasing an additional 159,370 shares during the period. Assetmark Inc. owned 0.10% of Franklin FTSE China ETF worth $26,524,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Comerica Bank acquired a new position in Franklin FTSE China ETF during the third quarter worth about $25,000. 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. Advisory Services Network LLC purchased a new position in shares of Franklin FTSE China ETF during the 3rd quarter worth approximately $26,000. EverSource Wealth Advisors LLC increased its stake in shares of Franklin FTSE China ETF by 422.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,127 shares of the company’s stock worth $155,000 after purchasing an additional 5,762 shares in the last quarter. Finally, Ascent Advisors LLC purchased a new position in shares of Franklin FTSE China ETF during the 1st quarter worth approximately $163,000.
Franklin FTSE China ETF Price Performance
Shares of Franklin FTSE China ETF stock opened at $21.02 on Friday. Franklin FTSE China ETF has a 1 year low of $20.01 and a 1 year high of $26.51. The business has a 50 day moving average price of $21.67 and a 200 day moving average price of $22.97. The company has a market capitalization of $273.26 million, a P/E ratio of 12.83 and a beta of 0.35.
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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Want to see what other hedge funds are holding FLCH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin FTSE China ETF (NYSEARCA:FLCH – Free Report).
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