Transamerica Financial Advisors Inc. Buys New Stake in Franklin FTSE China ETF (NYSEARCA:FLCH)

Transamerica Financial Advisors Inc. purchased a new position in shares of Franklin FTSE China ETF (NYSEARCA:FLCH) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 31,362 shares of the company’s stock, valued at approximately $631,000. Transamerica Financial Advisors Inc. owned approximately 0.49% of Franklin FTSE China ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC acquired a new stake in shares of Franklin FTSE China ETF during the third quarter worth about $42,000. Atlas Capital Advisors LLC grew its stake in Franklin FTSE China ETF by 1,161.8% during the 2nd quarter. Atlas Capital Advisors LLC now owns 10,233 shares of the company’s stock worth $170,000 after buying an additional 9,422 shares during the last quarter. Benjamin F. Edwards & Company Inc. acquired a new position in Franklin FTSE China ETF during the second quarter worth approximately $480,000. Boltwood Capital Management lifted its stake in Franklin FTSE China ETF by 19.0% in the second quarter. Boltwood Capital Management now owns 30,100 shares of the company’s stock valued at $499,000 after buying an additional 4,800 shares during the last quarter. Finally, KWB Wealth boosted its holdings in shares of Franklin FTSE China ETF by 66.5% in the third quarter. KWB Wealth now owns 42,341 shares of the company’s stock valued at $851,000 after acquiring an additional 16,911 shares during the period.

Franklin FTSE China ETF Trading Down 0.5 %

Shares of FLCH opened at $18.27 on Wednesday. The company’s 50 day simple moving average is $19.48 and its 200-day simple moving average is $17.77. The firm has a market cap of $116.93 million, a PE ratio of 10.17 and a beta of 0.92. Franklin FTSE China ETF has a 12-month low of $14.13 and a 12-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.