Atlas Capital Advisors Inc. Has $448,000 Stock Position in Franklin FTSE China ETF (NYSEARCA:FLCH)

Atlas Capital Advisors Inc. raised its stake in Franklin FTSE China ETF (NYSEARCA:FLCH) by 162.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,334 shares of the company’s stock after purchasing an additional 15,049 shares during the quarter. Atlas Capital Advisors Inc. owned approximately 0.38% of Franklin FTSE China ETF worth $448,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Steward Partners Investment Advisory LLC increased its holdings in Franklin FTSE China ETF by 2.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 39,881 shares of the company’s stock worth $734,000 after buying an additional 844 shares during the last quarter. Assetmark Inc. bought a new position in shares of Franklin FTSE China ETF in the 4th quarter valued at about $86,000. Congress Wealth Management LLC DE grew its position in shares of Franklin FTSE China ETF by 0.5% in the 4th quarter. Congress Wealth Management LLC DE now owns 339,697 shares of the company’s stock valued at $6,250,000 after acquiring an additional 1,838 shares during the period. Boltwood Capital Management increased its stake in shares of Franklin FTSE China ETF by 4.6% during the 4th quarter. Boltwood Capital Management now owns 41,200 shares of the company’s stock worth $758,000 after purchasing an additional 1,800 shares during the last quarter. Finally, OLD Mission Capital LLC acquired a new stake in Franklin FTSE China ETF in the 4th quarter valued at about $3,232,000.

Franklin FTSE China ETF Stock Down 6.8 %

NYSEARCA:FLCH opened at $19.65 on Friday. Franklin FTSE China ETF has a 12-month low of $15.45 and a 12-month high of $23.68. The firm has a market capitalization of $157.20 million, a price-to-earnings ratio of 13.92 and a beta of 0.35. The stock’s 50 day moving average price is $20.93 and its two-hundred day moving average price is $19.69.

About Franklin FTSE China ETF

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.