Boltwood Capital Management acquired a new stake in Franklin FTSE China ETF (NYSEARCA:FLCH – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 53,550 shares of the company’s stock, valued at approximately $1,107,000. Boltwood Capital Management owned about 0.37% of Franklin FTSE China ETF as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ascent Advisors LLC bought a new position in Franklin FTSE China ETF in the 1st quarter worth about $163,000. Arsenal Capital Advisors LLC bought a new position in Franklin FTSE China ETF in the 4th quarter worth approximately $223,000. Balefire LLC increased its position in Franklin FTSE China ETF by 60.2% in the 1st quarter. Balefire LLC now owns 15,405 shares of the company’s stock valued at $345,000 after acquiring an additional 5,788 shares during the period. Hsbc Holdings PLC acquired a new stake in Franklin FTSE China ETF in the 4th quarter valued at approximately $404,000. Finally, Tenzing Financial LLC bought a new stake in Franklin FTSE China ETF during the 4th quarter valued at $894,000.
Franklin FTSE China ETF Stock Down 1.7%
FLCH stock traded down $0.36 during trading on Friday, reaching $20.26. 56,082 shares of the company’s stock were exchanged, compared to its average volume of 126,580. Franklin FTSE China ETF has a 1-year low of $20.01 and a 1-year high of $26.33. The firm has a market cap of $295.80 million, a PE ratio of 12.83 and a beta of 0.35. The company’s fifty day moving average price is $21.53 and its 200-day moving average price is $21.93.
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.
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