Greenwood Capital Associates LLC Makes New $4.25 Million Investment in Franklin FTSE China ETF $FLCH

Greenwood Capital Associates LLC bought a new position in Franklin FTSE China ETF (NYSEARCA:FLCH) in the 1st quarter, Holdings Channel.com reports. The fund bought 189,762 shares of the company’s stock, valued at approximately $4,249,000.

A number of other institutional investors have also bought and sold shares of the business. Comerica Bank bought a new position in Franklin FTSE China ETF in the 3rd quarter worth approximately $25,000. Capital Investment Advisory Services LLC bought a new stake in shares of Franklin FTSE China ETF during the fourth quarter valued at approximately $26,000. Advisory Services Network LLC purchased a new position in shares of Franklin FTSE China ETF in the third quarter worth $26,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Franklin FTSE China ETF by 422.1% in the second quarter. EverSource Wealth Advisors LLC now owns 7,127 shares of the company’s stock worth $155,000 after buying an additional 5,762 shares in the last quarter. Finally, Ascent Advisors LLC bought a new position in shares of Franklin FTSE China ETF during the first quarter worth $163,000.

Franklin FTSE China ETF Stock Up 1.9%

FLCH opened at $21.13 on Thursday. The company has a market capitalization of $257.79 million, a PE ratio of 12.83 and a beta of 0.35. The firm has a 50-day simple moving average of $21.94 and a two-hundred day simple moving average of $23.10. Franklin FTSE China ETF has a 52 week low of $20.01 and a 52 week high of $26.51.

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.