Cetera Investment Advisers grew its position in Franklin FTSE China ETF (NYSEARCA:FLCH – Free Report) by 51.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 352,175 shares of the company’s stock after purchasing an additional 120,062 shares during the quarter. Cetera Investment Advisers’ holdings in Franklin FTSE China ETF were worth $7,885,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in FLCH. Comerica Bank acquired a new stake in shares of Franklin FTSE China ETF during the 3rd quarter worth approximately $25,000. Advisory Services Network LLC acquired a new position in Franklin FTSE China ETF during the third quarter valued at approximately $26,000. Capital Investment Advisory Services LLC acquired a new position in Franklin FTSE China ETF during the fourth quarter valued at approximately $26,000. EverSource Wealth Advisors LLC lifted its stake in Franklin FTSE China ETF by 422.1% during the second 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 during the last quarter. Finally, Ascent Advisors LLC bought a new stake in Franklin FTSE China ETF during the first quarter worth $163,000.
Franklin FTSE China ETF Stock Performance
Shares of FLCH stock opened at $22.18 on Friday. The stock’s fifty day moving average price is $21.42 and its two-hundred day moving average price is $22.78. The company has a market cap 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 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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