Franklin FTSE China ETF (NYSEARCA:FLCH) Position Lessened by CreativeOne Wealth LLC

CreativeOne Wealth LLC reduced its stake in shares of Franklin FTSE China ETF (NYSEARCA:FLCH) by 12.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 35,599 shares of the company’s stock after selling 4,897 shares during the period. CreativeOne Wealth LLC’s holdings in Franklin FTSE China ETF were worth $716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Main Management ETF Advisors LLC increased its stake in shares of Franklin FTSE China ETF by 86.7% in the second quarter. Main Management ETF Advisors LLC now owns 679,750 shares of the company’s stock valued at $11,260,000 after purchasing an additional 315,570 shares during the period. Transamerica Financial Advisors Inc. bought a new position in Franklin FTSE China ETF in the 3rd quarter worth approximately $631,000. Benjamin F. Edwards & Company Inc. acquired a new stake in Franklin FTSE China ETF in the 2nd quarter valued at approximately $480,000. KWB Wealth raised its stake in Franklin FTSE China ETF by 66.5% during the 3rd quarter. KWB Wealth now owns 42,341 shares of the company’s stock valued at $851,000 after acquiring an additional 16,911 shares in the last quarter. Finally, Atlas Capital Advisors LLC boosted its position in Franklin FTSE China ETF by 1,161.8% during the 2nd quarter. Atlas Capital Advisors LLC now owns 10,233 shares of the company’s stock worth $170,000 after acquiring an additional 9,422 shares during the period.

Franklin FTSE China ETF Stock Performance

NYSEARCA:FLCH opened at $18.72 on Friday. The stock has a market cap of $119.81 million, a price-to-earnings ratio of 10.17 and a beta of 0.92. Franklin FTSE China ETF has a 1 year low of $14.13 and a 1 year high of $23.68. The business has a fifty day moving average of $19.66 and a 200-day moving average of $17.79.

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.