Westview Management dba Westview Investment Advisors Makes New Investment in Franklin FTSE Japan ETF $FLJP

Westview Management dba Westview Investment Advisors bought a new stake in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 134,441 shares of the company’s stock, valued at approximately $4,631,000. Franklin FTSE Japan ETF accounts for 2.2% of Westview Management dba Westview Investment Advisors’ holdings, making the stock its 14th largest holding.

Other hedge funds have also recently modified their holdings of the company. CWM LLC lifted its stake in shares of Franklin FTSE Japan ETF by 205.7% during the 3rd quarter. CWM LLC now owns 35,617 shares of the company’s stock worth $1,231,000 after acquiring an additional 23,966 shares during the last quarter. Cetera Investment Advisers grew its position in Franklin FTSE Japan ETF by 31.2% in the 2nd quarter. Cetera Investment Advisers now owns 43,242 shares of the company’s stock valued at $1,390,000 after acquiring an additional 10,272 shares during the last quarter. Flow Traders U.S. LLC bought a new position in Franklin FTSE Japan ETF in the 2nd quarter valued at $1,055,000. Accordant Advisory Group Inc increased its stake in Franklin FTSE Japan ETF by 24.9% in the third quarter. Accordant Advisory Group Inc now owns 149,839 shares of the company’s stock worth $5,178,000 after purchasing an additional 29,874 shares during the period. Finally, Avestar Capital LLC purchased a new stake in Franklin FTSE Japan ETF in the second quarter worth $10,349,000.

Franklin FTSE Japan ETF Trading Down 3.4%

NYSEARCA:FLJP opened at $34.74 on Monday. The company has a market cap of $2.56 billion, a price-to-earnings ratio of 14.28 and a beta of 0.65. Franklin FTSE Japan ETF has a twelve month low of $25.77 and a twelve month high of $40.22. The stock has a fifty day simple moving average of $37.43 and a 200-day simple moving average of $35.97.

About Franklin FTSE Japan ETF

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.