Atlas Capital Advisors Inc. Makes New $3.41 Million Investment in Franklin FTSE China ETF $FLCH

Atlas Capital Advisors Inc. acquired a new position in Franklin FTSE China ETF (NYSEARCA:FLCH) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 143,365 shares of the company’s stock, valued at approximately $3,412,000.

Several other institutional investors have also added to or reduced their stakes in FLCH. Comerica Bank bought a new position in shares of Franklin FTSE China ETF in the 3rd quarter worth about $25,000. Advisory Services Network LLC bought a new position in shares of Franklin FTSE China ETF in the 3rd quarter worth about $26,000. Capital Investment Advisory Services LLC bought a new position in shares of Franklin FTSE China ETF in the 4th quarter worth about $26,000. EverSource Wealth Advisors LLC increased its stake in shares of Franklin FTSE China ETF by 422.1% in the 2nd 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 in the last quarter. Finally, Arsenal Capital Advisors LLC bought a new position in shares of Franklin FTSE China ETF in the 4th quarter worth about $223,000.

Franklin FTSE China ETF Stock Performance

NYSEARCA:FLCH opened at $21.83 on Friday. The firm has a market cap of $270.69 million, a P/E ratio of 12.83 and a beta of 0.34. Franklin FTSE China ETF has a fifty-two week low of $21.01 and a fifty-two week high of $26.51. The firm has a 50-day simple moving average of $22.69 and a two-hundred day simple moving average of $23.56.

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.