Boltwood Capital Management Buys 1,800 Shares of Franklin FTSE China ETF (NYSEARCA:FLCH)

Boltwood Capital Management raised its holdings in Franklin FTSE China ETF (NYSEARCA:FLCH) by 4.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 41,200 shares of the company’s stock after acquiring an additional 1,800 shares during the quarter. Boltwood Capital Management owned about 0.64% of Franklin FTSE China ETF worth $758,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Benjamin Edwards Inc. acquired a new position in Franklin FTSE China ETF in the third quarter valued at about $593,000. Transamerica Financial Advisors Inc. acquired a new position in shares of Franklin FTSE China ETF in the 3rd quarter valued at approximately $631,000. Farther Finance Advisors LLC bought a new stake in Franklin FTSE China ETF during the 3rd quarter worth approximately $42,000. KWB Wealth raised its holdings in Franklin FTSE China ETF by 66.5% during the 3rd quarter. KWB Wealth now owns 42,341 shares of the company’s stock worth $851,000 after buying an additional 16,911 shares during the period. Finally, Main Management ETF Advisors LLC lifted its stake in Franklin FTSE China ETF by 86.7% in the second quarter. Main Management ETF Advisors LLC now owns 679,750 shares of the company’s stock valued at $11,260,000 after buying an additional 315,570 shares in the last quarter.

Franklin FTSE China ETF Stock Performance

Franklin FTSE China ETF stock traded down $0.03 during midday trading on Monday, reaching $18.19. The stock had a trading volume of 30,287 shares, compared to its average volume of 34,663. The stock has a market capitalization of $116.42 million, a P/E ratio of 10.17 and a beta of 0.92. The firm’s fifty day simple moving average is $19.03 and its 200-day simple moving average is $18.01. Franklin FTSE China ETF has a 1-year low of $14.13 and a 1-year 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.