Kovitz Investment Group Partners LLC Lowers Position in Franklin FTSE China ETF (NYSEARCA:FLCH)

Kovitz Investment Group Partners LLC decreased its holdings in shares of Franklin FTSE China ETF (NYSEARCA:FLCH) by 2.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,865 shares of the company’s stock after selling 992 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Franklin FTSE China ETF were worth $882,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC bought a new position in Franklin FTSE China ETF in the third quarter valued at $42,000. Main Management ETF Advisors LLC boosted its holdings in shares of Franklin FTSE China ETF by 86.7% in the 2nd quarter. Main Management ETF Advisors LLC now owns 679,750 shares of the company’s stock worth $11,260,000 after purchasing an additional 315,570 shares in the last quarter. Boltwood Capital Management increased its position in shares of Franklin FTSE China ETF by 30.9% during the 3rd quarter. Boltwood Capital Management now owns 39,400 shares of the company’s stock valued at $792,000 after purchasing an additional 9,300 shares during the last quarter. Benjamin F. Edwards & Company Inc. purchased a new position in shares of Franklin FTSE China ETF during the 2nd quarter valued at about $480,000. Finally, Atlas Capital Advisors LLC lifted its position in Franklin FTSE China ETF by 1,161.8% in the 2nd quarter. Atlas Capital Advisors LLC now owns 10,233 shares of the company’s stock worth $170,000 after buying an additional 9,422 shares during the last quarter.

Franklin FTSE China ETF Price Performance

Shares of FLCH opened at $19.35 on Thursday. The firm has a market cap of $123.84 million, a P/E ratio of 10.17 and a beta of 0.92. Franklin FTSE China ETF has a 1 year low of $14.13 and a 1 year high of $23.68. The stock has a 50 day simple moving average of $19.60 and a two-hundred day simple moving average of $17.84.

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.