Franklin FTSE China ETF $FLCH Shares Purchased by Royal Bank of Canada

Royal Bank of Canada increased its position in shares of Franklin FTSE China ETF (NYSEARCA:FLCH) by 242.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 68,284 shares of the company’s stock after buying an additional 48,336 shares during the period. Royal Bank of Canada’s holdings in Franklin FTSE China ETF were worth $1,529,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hsbc Holdings PLC acquired a new stake in Franklin FTSE China ETF during the second quarter valued at $300,000. EverSource Wealth Advisors LLC raised its position in shares of Franklin FTSE China ETF by 422.1% in the second quarter. EverSource Wealth Advisors LLC now owns 7,127 shares of the company’s stock worth $155,000 after acquiring an additional 5,762 shares during the period. NewEdge Advisors LLC boosted its stake in shares of Franklin FTSE China ETF by 6.3% during the 2nd quarter. NewEdge Advisors LLC now owns 223,485 shares of the company’s stock worth $4,851,000 after acquiring an additional 13,166 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Franklin FTSE China ETF by 1,806.9% during the 2nd quarter. Bank of America Corp DE now owns 100,438 shares of the company’s stock worth $2,180,000 after acquiring an additional 95,171 shares in the last quarter. Finally, Benjamin Edwards Inc. grew its position in shares of Franklin FTSE China ETF by 13.8% during the 2nd quarter. Benjamin Edwards Inc. now owns 58,778 shares of the company’s stock valued at $1,276,000 after acquiring an additional 7,150 shares during the period.

Franklin FTSE China ETF Stock Up 0.7%

Shares of Franklin FTSE China ETF stock opened at $21.91 on Thursday. The firm has a market cap of $302.36 million, a PE ratio of 12.83 and a beta of 0.35. Franklin FTSE China ETF has a twelve month low of $20.01 and a twelve month high of $26.51. The business has a 50-day moving average price of $21.42 and a 200 day moving average price of $22.49.

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.