Tenzing Financial LLC Acquires Shares of 37,558 Franklin FTSE China ETF $FLCH

Tenzing Financial LLC acquired a new stake in shares of Franklin FTSE China ETF (NYSEARCA:FLCH) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 37,558 shares of the company’s stock, valued at approximately $894,000. Tenzing Financial LLC owned 0.32% of Franklin FTSE China ETF at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Comerica Bank purchased a new position in Franklin FTSE China ETF during the 3rd quarter valued at $25,000. Capital Investment Advisory Services LLC bought a new stake in shares of Franklin FTSE China ETF during the 4th quarter valued at $26,000. Advisory Services Network LLC bought a new stake in shares of Franklin FTSE China ETF during the 3rd quarter valued at $26,000. EverSource Wealth Advisors LLC boosted its holdings 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 valued at $155,000 after buying an additional 5,762 shares in the last quarter. Finally, Arsenal Capital Advisors LLC bought a new stake in shares of Franklin FTSE China ETF during the 4th quarter valued at $223,000.

Franklin FTSE China ETF Stock Performance

Shares of FLCH stock opened at $21.83 on Monday. Franklin FTSE China ETF has a 12 month low of $21.01 and a 12 month high of $26.51. The stock has a market cap of $270.69 million, a PE ratio of 12.83 and a beta of 0.34. The company’s fifty day moving average price is $22.69 and its 200-day moving average price is $23.55.

About Franklin FTSE China ETF

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.