Pacific Financial Group Inc. Sells 6,038 Shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Pacific Financial Group Inc. lessened its stake in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 11.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,929 shares of the company’s stock after selling 6,038 shares during the quarter. Franklin FTSE Japan ETF makes up about 0.9% of Pacific Financial Group Inc.’s portfolio, making the stock its 25th biggest position. Pacific Financial Group Inc. owned approximately 0.07% of Franklin FTSE Japan ETF worth $1,292,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Farther Finance Advisors LLC bought a new stake in Franklin FTSE Japan ETF during the 2nd quarter valued at $412,000. Rainwater Charitable Foundation acquired a new stake in shares of Franklin FTSE Japan ETF in the 2nd quarter worth $9,455,000. Atlas Capital Advisors LLC boosted its position in shares of Franklin FTSE Japan ETF by 30.4% in the 2nd quarter. Atlas Capital Advisors LLC now owns 90,641 shares of the company’s stock worth $2,607,000 after purchasing an additional 21,120 shares in the last quarter. Principal Financial Group Inc. acquired a new stake in shares of Franklin FTSE Japan ETF in the 2nd quarter worth $2,047,000. Finally, Innealta Capital LLC boosted its position in shares of Franklin FTSE Japan ETF by 18.2% in the 2nd quarter. Innealta Capital LLC now owns 352,051 shares of the company’s stock worth $10,125,000 after purchasing an additional 54,196 shares in the last quarter.

Franklin FTSE Japan ETF Price Performance

Franklin FTSE Japan ETF stock opened at $30.04 on Wednesday. The stock has a market capitalization of $1.95 billion, a price-to-earnings ratio of 14.01 and a beta of 0.75. Franklin FTSE Japan ETF has a 1-year low of $25.10 and a 1-year high of $31.30. The business has a fifty day moving average price of $29.21 and a 200-day moving average price of $29.68.

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.