Transamerica Financial Advisors Inc. Takes Position in Franklin FTSE China ETF (NYSEARCA:FLCH)

Transamerica Financial Advisors Inc. acquired a new position in Franklin FTSE China ETF (NYSEARCA:FLCH) during the 3rd quarter, Holdings Channel reports. The fund acquired 31,362 shares of the company’s stock, valued at approximately $631,000.

A number of other large investors have also recently added to or reduced their stakes in FLCH. Main Management ETF Advisors LLC increased its position in 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 worth $11,260,000 after buying an additional 315,570 shares in the last quarter. KWB Wealth lifted its holdings in Franklin FTSE China ETF by 66.5% in the 3rd quarter. KWB Wealth now owns 42,341 shares of the company’s stock valued at $851,000 after purchasing an additional 16,911 shares in the last quarter. Boltwood Capital Management boosted its stake in shares of Franklin FTSE China ETF by 30.9% during the 3rd quarter. Boltwood Capital Management now owns 39,400 shares of the company’s stock worth $792,000 after purchasing an additional 9,300 shares during the last quarter. Benjamin F. Edwards & Company Inc. purchased a new stake in shares of Franklin FTSE China ETF during the second quarter worth about $480,000. Finally, Atlas Capital Advisors LLC raised its position in shares of Franklin FTSE China ETF by 1,161.8% in the second quarter. Atlas Capital Advisors LLC now owns 10,233 shares of the company’s stock valued at $170,000 after buying an additional 9,422 shares during the last quarter.

Franklin FTSE China ETF Stock Performance

Shares of FLCH opened at $18.27 on Wednesday. Franklin FTSE China ETF has a 1 year low of $14.13 and a 1 year high of $23.68. The company’s 50 day simple moving average is $19.48 and its 200 day simple moving average is $17.77. The company has a market capitalization of $116.93 million, a price-to-earnings ratio of 10.17 and a beta of 0.92.

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.