KWB Wealth Sells 9,720 Shares of Franklin FTSE China ETF (NYSEARCA:FLCH)

KWB Wealth lessened its holdings in Franklin FTSE China ETF (NYSEARCA:FLCH) by 23.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 32,621 shares of the company’s stock after selling 9,720 shares during the quarter. KWB Wealth’s holdings in Franklin FTSE China ETF were worth $656,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of FLCH. Main Management ETF Advisors LLC grew its position in shares of Franklin FTSE China ETF by 86.7% during the second quarter. Main Management ETF Advisors LLC now owns 679,750 shares of the company’s stock valued at $11,260,000 after purchasing an additional 315,570 shares in the last quarter. Transamerica Financial Advisors Inc. purchased a new stake in Franklin FTSE China ETF in the third quarter worth $631,000. Benjamin Edwards Inc. purchased a new position in shares of Franklin FTSE China ETF during the third quarter valued at $593,000. Benjamin F. Edwards & Company Inc. bought a new stake in Franklin FTSE China ETF during the second quarter valued at about $480,000. Finally, Boltwood Capital Management boosted its position in Franklin FTSE China ETF by 30.9% during the third quarter. Boltwood Capital Management now owns 39,400 shares of the company’s stock valued at $792,000 after purchasing an additional 9,300 shares in the last quarter.

Franklin FTSE China ETF Stock Performance

Shares of NYSEARCA FLCH opened at $17.71 on Wednesday. Franklin FTSE China ETF has a fifty-two week low of $14.13 and a fifty-two week high of $23.68. The company has a market cap of $113.34 million, a PE ratio of 10.17 and a beta of 0.92. The business has a 50-day simple moving average of $18.79 and a two-hundred day simple moving average of $18.04.

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.