Boltwood Capital Management Sells 500 Shares of Franklin FTSE China ETF $FLCH

Boltwood Capital Management lowered its holdings in shares of Franklin FTSE China ETF (NYSEARCA:FLCH) by 1.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,550 shares of the company’s stock after selling 500 shares during the quarter. Boltwood Capital Management owned about 0.46% of Franklin FTSE China ETF worth $924,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of FLCH. Northern Trust Corp bought a new position in shares of Franklin FTSE China ETF during the 4th quarter valued at $1,011,000. GTS Securities LLC bought a new position in shares of Franklin FTSE China ETF during the 4th quarter valued at $218,000. Assetmark Inc. raised its holdings in shares of Franklin FTSE China ETF by 46.7% during the 1st quarter. Assetmark Inc. now owns 6,857 shares of the company’s stock valued at $146,000 after purchasing an additional 2,184 shares in the last quarter. Benjamin Edwards Inc. raised its holdings in shares of Franklin FTSE China ETF by 62.2% during the 1st quarter. Benjamin Edwards Inc. now owns 51,628 shares of the company’s stock valued at $1,103,000 after purchasing an additional 19,794 shares in the last quarter. Finally, Atlas Capital Advisors Inc. raised its holdings in shares of Franklin FTSE China ETF by 638.9% during the 1st quarter. Atlas Capital Advisors Inc. now owns 179,806 shares of the company’s stock valued at $3,841,000 after purchasing an additional 155,472 shares in the last quarter.

Franklin FTSE China ETF Trading Down 0.4%

Franklin FTSE China ETF stock opened at $25.27 on Monday. The company has a market capitalization of $232.48 million, a P/E ratio of 12.83 and a beta of 0.50. The firm’s fifty day simple moving average is $23.33 and its 200-day simple moving average is $21.84. Franklin FTSE China ETF has a 1-year low of $15.98 and a 1-year high of $25.36.

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.