89,172 Shares in Franklin FTSE China ETF $FLCH Bought by Leo Wealth LLC

Leo Wealth LLC bought a new position in shares of Franklin FTSE China ETF (NYSEARCA:FLCH) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 89,172 shares of the company’s stock, valued at approximately $1,844,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Greenwood Capital Associates LLC acquired a new position in shares of Franklin FTSE China ETF in the first quarter worth $4,249,000. Boltwood Capital Management acquired a new stake in shares of Franklin FTSE China ETF in the third quarter valued at $1,107,000. Royal Bank of Canada raised its stake in shares of Franklin FTSE China ETF by 242.3% in the first quarter. Royal Bank of Canada now owns 68,284 shares of the company’s stock valued at $1,529,000 after acquiring an additional 48,336 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of Franklin FTSE China ETF by 51.7% in the first quarter. Cetera Investment Advisers now owns 352,175 shares of the company’s stock valued at $7,885,000 after acquiring an additional 120,062 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of Franklin FTSE China ETF by 4.5% in the second quarter. Envestnet Asset Management Inc. now owns 569,173 shares of the company’s stock valued at $11,619,000 after acquiring an additional 24,543 shares in the last quarter.

Franklin FTSE China ETF Trading Up 0.5%

NYSEARCA:FLCH opened at $19.51 on Tuesday. The firm has a market cap of $253.63 million, a PE ratio of 12.83 and a beta of 0.34. The stock has a fifty day moving average price of $20.95 and a 200 day moving average price of $22.32. Franklin FTSE China ETF has a 12-month low of $19.32 and a 12-month high of $25.98.

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.