Assetmark Inc. lifted its stake in Franklin FTSE China ETF (NYSEARCA:FLCH – Free Report) by 15.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,184,658 shares of the company’s stock after purchasing an additional 159,370 shares during the period. Assetmark Inc. owned approximately 9.55% of Franklin FTSE China ETF worth $26,524,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Comerica Bank purchased a new position in Franklin FTSE China ETF in the third quarter valued at about $25,000. Advisory Services Network LLC acquired a new stake in shares of Franklin FTSE China ETF during the 3rd quarter valued at approximately $26,000. Capital Investment Advisory Services LLC acquired a new stake in shares of Franklin FTSE China ETF during the 4th quarter valued at approximately $26,000. EverSource Wealth Advisors LLC boosted its stake in shares of Franklin FTSE China ETF by 422.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,127 shares of the company’s stock worth $155,000 after acquiring an additional 5,762 shares in the last quarter. Finally, Ascent Advisors LLC purchased a new stake in shares of Franklin FTSE China ETF during the 1st quarter worth approximately $163,000.
Franklin FTSE China ETF Price Performance
FLCH opened at $21.02 on Friday. Franklin FTSE China ETF has a 1-year low of $20.01 and a 1-year high of $26.51. The stock has a market cap of $273.26 million, a P/E ratio of 12.83 and a beta of 0.35. The stock’s 50 day simple moving average is $21.67 and its 200 day simple moving average is $22.97.
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.
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