KWB Wealth Reduces Position in Franklin FTSE China ETF (NYSEARCA:FLCH)

KWB Wealth cut its holdings in shares of Franklin FTSE China ETF (NYSEARCA:FLCHFree Report) by 23.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,621 shares of the company’s stock after selling 9,720 shares during the quarter. KWB Wealth owned approximately 0.51% of Franklin FTSE China ETF worth $656,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new position in shares of Franklin FTSE China ETF in the third quarter worth approximately $42,000. Benjamin F. Edwards & Company Inc. bought a new stake in shares of Franklin FTSE China ETF in the 2nd quarter worth approximately $480,000. Benjamin Edwards Inc. purchased a new position in Franklin FTSE China ETF during the 3rd quarter valued at $593,000. Transamerica Financial Advisors Inc. purchased a new stake in Franklin FTSE China ETF in the third quarter worth about $631,000. Finally, Boltwood Capital Management boosted its position in Franklin FTSE China ETF by 30.9% during the 3rd quarter. Boltwood Capital Management now owns 39,400 shares of the company’s stock valued at $792,000 after acquiring an additional 9,300 shares in the last quarter.

Franklin FTSE China ETF Stock Performance

Franklin FTSE China ETF stock opened at $17.71 on Wednesday. The stock’s 50 day simple moving average is $18.79 and its two-hundred day simple moving average is $18.04. Franklin FTSE China ETF has a fifty-two week low of $14.13 and a fifty-two week high of $23.68. The stock has a market cap of $113.34 million, a price-to-earnings ratio of 10.17 and a beta of 0.92.

Franklin FTSE China ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Franklin FTSE China ETF (NYSEARCA:FLCH)

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