Benjamin F. Edwards & Company Inc. Reduces Stock Position in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Benjamin F. Edwards & Company Inc. decreased its stake in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 67.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 201,214 shares of the company’s stock after selling 412,656 shares during the quarter. Benjamin F. Edwards & Company Inc. owned about 0.35% of Franklin FTSE Japan ETF worth $5,632,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Strategic Investment Management LLC acquired a new stake in shares of Franklin FTSE Japan ETF during the 4th quarter worth approximately $45,573,000. UBS Group AG raised its position in Franklin FTSE Japan ETF by 126.6% in the third quarter. UBS Group AG now owns 1,341,216 shares of the company’s stock valued at $35,475,000 after purchasing an additional 749,276 shares during the period. Stifel Financial Corp lifted its stake in shares of Franklin FTSE Japan ETF by 5,266.3% in the 3rd quarter. Stifel Financial Corp now owns 879,261 shares of the company’s stock valued at $23,257,000 after purchasing an additional 862,876 shares during the last quarter. Townsquare Capital LLC grew its holdings in shares of Franklin FTSE Japan ETF by 78.3% during the 3rd quarter. Townsquare Capital LLC now owns 807,470 shares of the company’s stock worth $21,358,000 after purchasing an additional 354,602 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in shares of Franklin FTSE Japan ETF by 95.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 748,011 shares of the company’s stock worth $19,785,000 after purchasing an additional 364,700 shares during the last quarter.

Franklin FTSE Japan ETF Trading Up 1.1 %

NYSEARCA FLJP traded up $0.34 during trading hours on Friday, reaching $30.18. The company had a trading volume of 305,285 shares, compared to its average volume of 595,480. The stock has a market capitalization of $1.94 billion, a P/E ratio of 13.40 and a beta of 0.72. The stock has a 50-day moving average of $30.21 and a 200 day moving average of $28.57. Franklin FTSE Japan ETF has a 1-year low of $25.10 and a 1-year high of $31.30.

Franklin FTSE Japan ETF Profile

The Franklin FTSE Japan ETF (FLJP) is an exchange-traded fund that is based on the FTSE Japan RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Japanese equities. FLJP was launched on Nov 2, 2017 and is managed by Franklin Templeton.