Leo Wealth LLC Acquires 1,815 Shares of Franklin FTSE China ETF (NYSEARCA:FLCH)

Leo Wealth LLC grew its holdings in Franklin FTSE China ETF (NYSEARCA:FLCH) by 0.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 285,832 shares of the company’s stock after acquiring an additional 1,815 shares during the period. Leo Wealth LLC’s holdings in Franklin FTSE China ETF were worth $5,259,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Farther Finance Advisors LLC bought a new stake in Franklin FTSE China ETF in the 3rd quarter valued at $42,000. Benjamin Edwards Inc. purchased a new position in shares of Franklin FTSE China ETF during the third quarter valued at about $593,000. Transamerica Financial Advisors Inc. bought a new stake in shares of Franklin FTSE China ETF in the third quarter worth about $631,000. Finally, Boltwood Capital Management lifted its position in shares of Franklin FTSE China ETF by 4.6% in the fourth quarter. Boltwood Capital Management now owns 41,200 shares of the company’s stock worth $758,000 after buying an additional 1,800 shares in the last quarter.

Franklin FTSE China ETF Price Performance

NYSEARCA FLCH opened at $19.23 on Friday. Franklin FTSE China ETF has a 1-year low of $14.69 and a 1-year high of $23.68. The business has a 50 day simple moving average of $18.62 and a two-hundred day simple moving average of $18.25. The stock has a market capitalization of $123.07 million, a PE ratio of 10.17 and a beta of 0.92.

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.