Leo Wealth LLC Buys New Holdings in Franklin FTSE China ETF $FLCH

Leo Wealth LLC bought a new stake in Franklin FTSE China ETF (NYSEARCA:FLCH) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 89,172 shares of the company’s stock, valued at approximately $1,844,000. Leo Wealth LLC owned about 0.69% of Franklin FTSE China ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FLCH. Assetmark Inc. lifted its stake in Franklin FTSE China ETF by 15.5% during the first quarter. Assetmark Inc. now owns 1,184,658 shares of the company’s stock worth $26,524,000 after purchasing an additional 159,370 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Franklin FTSE China ETF by 4.5% in the second quarter. Envestnet Asset Management Inc. now owns 569,173 shares of the company’s stock valued at $11,619,000 after buying an additional 24,543 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Franklin FTSE China ETF by 51.7% in the first quarter. Cetera Investment Advisers now owns 352,175 shares of the company’s stock valued at $7,885,000 after buying an additional 120,062 shares in the last quarter. Greenwood Capital Associates LLC acquired a new stake in shares of Franklin FTSE China ETF in the first quarter valued at $4,249,000. Finally, Royal Bank of Canada grew its stake in shares of Franklin FTSE China ETF by 242.3% in the first quarter. Royal Bank of Canada now owns 68,284 shares of the company’s stock valued at $1,529,000 after buying an additional 48,336 shares in the last quarter.

Franklin FTSE China ETF Trading Up 0.5%

FLCH stock opened at $19.51 on Tuesday. The company has a market capitalization of $253.63 million, a PE ratio of 12.83 and a beta of 0.34. Franklin FTSE China ETF has a 12-month low of $19.32 and a 12-month high of $25.98. The business’s fifty day moving average price is $20.95 and its 200 day moving average price is $22.32.

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.