Tradewinds Capital Management LLC Buys New Position in Franklin FTSE Japan ETF $FLJP

Tradewinds Capital Management LLC purchased a new position in Franklin FTSE Japan ETF (NYSEARCA:FLJP) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 409,282 shares of the company’s stock, valued at approximately $14,100,000. Franklin FTSE Japan ETF accounts for about 3.0% of Tradewinds Capital Management LLC’s portfolio, making the stock its 12th biggest position. Tradewinds Capital Management LLC owned about 0.55% of Franklin FTSE Japan ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the stock. Auour Investments LLC bought a new stake in shares of Franklin FTSE Japan ETF during the 4th quarter valued at about $200,000. Westview Management dba Westview Investment Advisors purchased a new position in shares of Franklin FTSE Japan ETF during the fourth quarter valued at about $4,631,000. Insight Wealth Strategies LLC bought a new position in Franklin FTSE Japan ETF in the fourth quarter worth about $302,000. IFP Advisors Inc lifted its holdings in Franklin FTSE Japan ETF by 28.8% in the third quarter. IFP Advisors Inc now owns 12,518 shares of the company’s stock worth $433,000 after buying an additional 2,796 shares during the period. Finally, Opes Wealth Management LLC lifted its holdings in Franklin FTSE Japan ETF by 0.5% in the third quarter. Opes Wealth Management LLC now owns 186,580 shares of the company’s stock worth $6,448,000 after buying an additional 874 shares during the period.

Franklin FTSE Japan ETF Stock Performance

Franklin FTSE Japan ETF stock opened at $34.92 on Friday. Franklin FTSE Japan ETF has a fifty-two week low of $25.77 and a fifty-two week high of $40.22. The stock’s 50 day simple moving average is $37.36 and its two-hundred day simple moving average is $35.99. The stock has a market cap of $2.58 billion, a price-to-earnings ratio of 14.28 and a beta of 0.65.

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.