Franklin FTSE Japan ETF (NYSEARCA:FLJP) Sees Unusually-High Trading Volume

Shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) saw unusually-high trading volume on Wednesday . Approximately 1,641,082 shares were traded during mid-day trading, an increase of 129% from the previous session’s volume of 717,569 shares.The stock last traded at $29.80 and had previously closed at $29.37.

Franklin FTSE Japan ETF Trading Up 1.7 %

The firm has a market capitalization of $1.94 billion, a P/E ratio of 14.01 and a beta of 0.75. The business’s fifty day moving average is $29.49 and its 200 day moving average is $29.47.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Strategic Investment Management LLC acquired a new stake in shares of Franklin FTSE Japan ETF during the fourth quarter valued at approximately $45,573,000. Empowered Funds LLC acquired a new stake in Franklin FTSE Japan ETF during the 1st quarter valued at $18,553,000. Hennion & Walsh Asset Management Inc. purchased a new stake in shares of Franklin FTSE Japan ETF in the first quarter valued at $15,561,000. National Bank of Canada FI purchased a new stake in shares of Franklin FTSE Japan ETF in the fourth quarter valued at $10,039,000. Finally, First Trust Bank Ltd. acquired a new stake in shares of Franklin FTSE Japan ETF in the fourth quarter worth $9,489,000.

Franklin FTSE Japan ETF Company 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.