Tradewinds Capital Management LLC Makes New $7.51 Million Investment in Franklin FTSE Hong Kong ETF (NYSEARCA:FLHK)

Tradewinds Capital Management LLC acquired a new stake in Franklin FTSE Hong Kong ETF (NYSEARCA:FLHK) in the fourth quarter, Holdings Channel.com reports. The fund acquired 433,250 shares of the company’s stock, valued at approximately $7,507,000. Franklin FTSE Hong Kong ETF makes up approximately 2.0% of Tradewinds Capital Management LLC’s portfolio, making the stock its 15th largest position. Tradewinds Capital Management LLC owned approximately 0.72% of Franklin FTSE Hong Kong ETF at the end of the most recent quarter.

Separately, Jane Street Group LLC boosted its position in Franklin FTSE Hong Kong ETF by 1.0% in the 3rd quarter. Jane Street Group LLC now owns 57,045 shares of the company’s stock valued at $1,103,000 after buying an additional 581 shares during the period.

Franklin FTSE Hong Kong ETF Trading Up 1.8 %

Franklin FTSE Hong Kong ETF stock opened at $17.92 on Friday. The firm has a market capitalization of $10.75 million, a P/E ratio of 12.61 and a beta of 0.76. Franklin FTSE Hong Kong ETF has a twelve month low of $15.41 and a twelve month high of $21.02. The stock’s fifty day simple moving average is $17.18 and its 200-day simple moving average is $17.61.

About Franklin FTSE Hong Kong ETF

The Franklin FTSE Hong Kong ETF (FLHK) is an exchange-traded fund that is based on the FTSE Hong Kong RIC Capped index. The fund offers market cap-based exposure to large- and mid-cap Hong Kong equities. FLHK was launched on Nov 2, 2017 and is managed by Franklin Templeton.