Tradewinds Capital Management LLC Acquires Shares of 433,250 Franklin FTSE Hong Kong ETF (NYSEARCA:FLHK)

Tradewinds Capital Management LLC acquired a new position in Franklin FTSE Hong Kong ETF (NYSEARCA:FLHK) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 433,250 shares of the company’s stock, valued at approximately $7,507,000. Franklin FTSE Hong Kong ETF accounts for about 2.0% of Tradewinds Capital Management LLC’s portfolio, making the stock its 15th largest holding. Tradewinds Capital Management LLC owned about 72.21% of Franklin FTSE Hong Kong ETF at the end of the most recent quarter.

Separately, Jane Street Group LLC grew its stake 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 acquiring an additional 581 shares during the period.

Franklin FTSE Hong Kong ETF Stock Performance

NYSEARCA:FLHK opened at $17.92 on Friday. The stock has a market capitalization of $10.75 million, a PE ratio of 12.61 and a beta of 0.76. Franklin FTSE Hong Kong ETF has a fifty-two week low of $15.41 and a fifty-two week high of $21.02. The company has a fifty day moving average of $17.18 and a two-hundred day moving average of $17.61.

Franklin FTSE Hong Kong ETF Profile

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.