Transamerica Financial Advisors Inc. Raises Position in Franklin FTSE China ETF (NYSEARCA:FLCH)

Transamerica Financial Advisors Inc. raised its holdings in shares of Franklin FTSE China ETF (NYSEARCA:FLCH) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,223 shares of the company’s stock after buying an additional 861 shares during the period. Transamerica Financial Advisors Inc. owned about 0.50% of Franklin FTSE China ETF worth $593,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Congress Wealth Management LLC DE boosted its holdings in Franklin FTSE China ETF by 0.5% during the 4th quarter. Congress Wealth Management LLC DE now owns 339,697 shares of the company’s stock valued at $6,250,000 after acquiring an additional 1,838 shares during the period. Leo Wealth LLC boosted its stake in shares of Franklin FTSE China ETF by 0.6% during the fourth quarter. Leo Wealth LLC now owns 285,832 shares of the company’s stock valued at $5,259,000 after purchasing an additional 1,815 shares during the period. Boltwood Capital Management grew its holdings in shares of Franklin FTSE China ETF by 4.6% in the fourth quarter. Boltwood Capital Management now owns 41,200 shares of the company’s stock worth $758,000 after purchasing an additional 1,800 shares during the last quarter. Steward Partners Investment Advisory LLC increased its stake in shares of Franklin FTSE China ETF by 2.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 39,881 shares of the company’s stock worth $734,000 after buying an additional 844 shares during the period. Finally, Benjamin Edwards Inc. bought a new stake in Franklin FTSE China ETF during the 3rd quarter valued at $593,000.

Franklin FTSE China ETF Stock Down 2.2 %

Shares of FLCH opened at $21.42 on Friday. The firm has a fifty day simple moving average of $20.67 and a two-hundred day simple moving average of $19.54. Franklin FTSE China ETF has a twelve month low of $15.45 and a twelve month high of $23.68. The stock has a market capitalization of $171.36 million, a P/E ratio of 13.92 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.