Congress Wealth Management LLC DE Purchases 1,838 Shares of Franklin FTSE China ETF (NYSEARCA:FLCH)

Congress Wealth Management LLC DE boosted its position in Franklin FTSE China ETF (NYSEARCA:FLCH) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 339,697 shares of the company’s stock after purchasing an additional 1,838 shares during the quarter. Congress Wealth Management LLC DE owned approximately 5.31% of Franklin FTSE China ETF worth $6,250,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Transamerica Financial Advisors Inc. bought a new stake in Franklin FTSE China ETF in the third quarter worth $631,000. Benjamin Edwards Inc. purchased a new stake in Franklin FTSE China ETF during the 3rd quarter valued at about $593,000. Boltwood Capital Management raised its holdings in Franklin FTSE China ETF by 4.6% in the fourth quarter. Boltwood Capital Management now owns 41,200 shares of the company’s stock worth $758,000 after buying an additional 1,800 shares during the last quarter. Leo Wealth LLC lifted its stake in shares of Franklin FTSE China ETF by 0.6% in the fourth quarter. Leo Wealth LLC now owns 285,832 shares of the company’s stock worth $5,259,000 after buying an additional 1,815 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its holdings in shares of Franklin FTSE China ETF by 2.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 39,881 shares of the company’s stock valued at $734,000 after buying an additional 844 shares during the last quarter.

Franklin FTSE China ETF Trading Down 1.0 %

FLCH stock opened at $21.55 on Wednesday. The stock has a market capitalization of $172.40 million, a PE ratio of 13.92 and a beta of 0.35. The stock’s 50 day simple moving average is $20.44 and its 200 day simple moving average is $19.45. Franklin FTSE China ETF has a 12-month low of $15.45 and a 12-month high of $23.68.

Franklin FTSE China ETF Company 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.