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

Leo Wealth LLC grew its stake in Franklin FTSE China ETF (NYSEARCA:FLCH) by 0.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 285,832 shares of the company’s stock after purchasing an additional 1,815 shares during the quarter. Leo Wealth LLC owned about 4.47% of Franklin FTSE China ETF worth $5,259,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Boltwood Capital Management increased its position in shares of Franklin FTSE China ETF by 4.6% during the fourth quarter. Boltwood Capital Management now owns 41,200 shares of the company’s stock valued at $758,000 after buying an additional 1,800 shares during the period. Farther Finance Advisors LLC bought a new stake in Franklin FTSE China ETF during the 3rd quarter valued at approximately $42,000. Benjamin Edwards Inc. purchased a new position in shares of Franklin FTSE China ETF during the 3rd quarter worth approximately $593,000. Finally, Transamerica Financial Advisors Inc. bought a new position in shares of Franklin FTSE China ETF in the 3rd quarter worth approximately $631,000.

Franklin FTSE China ETF Stock Up 1.2 %

NYSEARCA FLCH opened at $19.23 on Friday. The firm has a market capitalization of $123.07 million, a PE ratio of 10.17 and a beta of 0.92. The stock’s 50 day moving average is $18.62 and its 200 day moving average is $18.25. Franklin FTSE China ETF has a twelve month low of $14.69 and a twelve month high of $23.68.

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.