Kovitz Investment Group Partners LLC Sells 992 Shares of Franklin FTSE China ETF (NYSEARCA:FLCH)

Kovitz Investment Group Partners LLC cut its stake in shares of Franklin FTSE China ETF (NYSEARCA:FLCH) by 2.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & 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 owned approximately 0.69% of Franklin FTSE China ETF worth $882,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Farther Finance Advisors LLC bought a new position in shares of Franklin FTSE China ETF in the 3rd quarter worth $42,000. Atlas Capital Advisors LLC lifted its stake in shares of Franklin FTSE China ETF by 1,161.8% in the second quarter. Atlas Capital Advisors LLC now owns 10,233 shares of the company’s stock valued at $170,000 after buying an additional 9,422 shares in the last quarter. Benjamin F. Edwards & Company Inc. acquired a new position in shares of Franklin FTSE China ETF during the second quarter valued at about $480,000. Benjamin Edwards Inc. bought a new stake in shares of Franklin FTSE China ETF during the third quarter worth about $593,000. Finally, Transamerica Financial Advisors Inc. acquired a new stake in shares of Franklin FTSE China ETF in the 3rd quarter worth about $631,000.

Franklin FTSE China ETF Stock Performance

FLCH stock opened at $19.35 on Thursday. The business has a 50-day simple moving average of $19.60 and a two-hundred day simple moving average of $17.84. The company has a market capitalization of $123.84 million, a P/E ratio of 10.17 and a beta of 0.92. Franklin FTSE China ETF has a 52-week low of $14.13 and a 52-week high of $23.68.

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.