Main Management ETF Advisors LLC acquired a new position in shares of Franklin FTSE China ETF (NYSEARCA:FLCH – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 198,158 shares of the company’s stock, valued at approximately $4,716,000. Franklin FTSE China ETF makes up 0.2% of Main Management ETF Advisors LLC’s holdings, making the stock its 20th largest position. Main Management ETF Advisors LLC owned about 1.71% of Franklin FTSE China ETF as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently modified their holdings of the company. Comerica Bank acquired a new stake in shares of Franklin FTSE China ETF during the third quarter worth approximately $25,000. Advisory Services Network LLC acquired a new stake in shares of Franklin FTSE China ETF during the third quarter worth approximately $26,000. Capital Investment Advisory Services LLC acquired a new stake in shares of Franklin FTSE China ETF during the fourth quarter worth approximately $26,000. EverSource Wealth Advisors LLC increased its holdings in shares of 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 buying an additional 5,762 shares in the last quarter. Finally, Hsbc Holdings PLC acquired a new stake in shares of Franklin FTSE China ETF during the second quarter worth approximately $300,000.
Franklin FTSE China ETF Stock Performance
NYSEARCA FLCH opened at $21.99 on Monday. The firm has a market cap of $272.68 million, a price-to-earnings ratio of 12.83 and a beta of 0.36. The company has a 50 day moving average of $22.76 and a 200-day moving average of $23.76. Franklin FTSE China ETF has a 1-year low of $20.64 and a 1-year 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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