LPL Financial LLC Increases Stock Holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

LPL Financial LLC raised its position in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 81.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 114,296 shares of the company’s stock after acquiring an additional 51,374 shares during the period. LPL Financial LLC owned approximately 0.23% of Franklin FTSE Japan ETF worth $3,092,000 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 FLJP. 3EDGE Asset Management LP purchased a new stake in Franklin FTSE Japan ETF during the second quarter valued at about $71,888,000. Jane Street Group LLC lifted its stake in shares of Franklin FTSE Japan ETF by 778.9% during the second quarter. Jane Street Group LLC now owns 1,478,897 shares of the company’s stock worth $34,577,000 after purchasing an additional 1,310,634 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Franklin FTSE Japan ETF by 16.7% during the first quarter. Bank of America Corp DE now owns 6,930,571 shares of the company’s stock worth $179,162,000 after purchasing an additional 993,240 shares in the last quarter. Morgan Stanley lifted its stake in shares of Franklin FTSE Japan ETF by 134.4% during the fourth quarter. Morgan Stanley now owns 1,005,513 shares of the company’s stock worth $24,173,000 after purchasing an additional 576,569 shares in the last quarter. Finally, RiverFront Investment Group LLC acquired a new position in shares of Franklin FTSE Japan ETF during the fourth quarter worth about $1,522,000.

Franklin FTSE Japan ETF Price Performance

Shares of FLJP opened at $26.55 on Wednesday. The stock’s 50-day moving average is $26.55 and its two-hundred day moving average is $26.75. The stock has a market cap of $1.51 billion, a PE ratio of 12.55 and a beta of 0.67. Franklin FTSE Japan ETF has a 12 month low of $22.53 and a 12 month high of $28.34.

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.