KWB Wealth Invests $401,000 in Franklin FTSE China ETF (NYSEARCA:FLCH)

KWB Wealth bought a new position in shares of Franklin FTSE China ETF (NYSEARCA:FLCH) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 25,430 shares of the company’s stock, valued at approximately $401,000. KWB Wealth owned 0.41% of Franklin FTSE China ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Leo Wealth LLC purchased a new position in shares of Franklin FTSE China ETF during the fourth quarter valued at $3,701,000. Morningstar Investment Services LLC grew its holdings in shares of Franklin FTSE China ETF by 103.0% during the fourth quarter. Morningstar Investment Services LLC now owns 66,688 shares of the company’s stock valued at $1,068,000 after buying an additional 33,837 shares in the last quarter. CreativeOne Wealth LLC grew its holdings in shares of Franklin FTSE China ETF by 10.0% during the fourth quarter. CreativeOne Wealth LLC now owns 59,051 shares of the company’s stock valued at $948,000 after buying an additional 5,372 shares in the last quarter. Boltwood Capital Management grew its holdings in shares of Franklin FTSE China ETF by 26.5% during the first quarter. Boltwood Capital Management now owns 25,300 shares of the company’s stock valued at $399,000 after buying an additional 5,300 shares in the last quarter. Finally, Wallace Advisory Group LLC purchased a new position in shares of Franklin FTSE China ETF during the first quarter valued at $215,000.

Franklin FTSE China ETF Stock Performance

Shares of FLCH stock traded up $0.26 on Thursday, reaching $17.01. 22,310 shares of the company’s stock traded hands, compared to its average volume of 60,074. Franklin FTSE China ETF has a 12-month low of $14.13 and a 12-month high of $19.61. The company has a market capitalization of $108.86 million, a P/E ratio of 10.17 and a beta of 0.92. The business’s 50 day moving average price is $17.38 and its two-hundred day moving average price is $16.15.

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.