The Manufacturers Life Insurance Company Grows Stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

The Manufacturers Life Insurance Company boosted its position in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 3.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,490,635 shares of the company’s stock after purchasing an additional 45,347 shares during the period. The Manufacturers Life Insurance Company owned about 2.30% of Franklin FTSE Japan ETF worth $42,528,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Vontobel Asset Management Inc. grew its holdings in Franklin FTSE Japan ETF by 12.3% during the 4th quarter. Vontobel Asset Management Inc. now owns 91,300 shares of the company’s stock valued at $2,554,000 after buying an additional 10,000 shares during the last quarter. OLD Mission Capital LLC grew its holdings in Franklin FTSE Japan ETF by 230.9% during the 4th quarter. OLD Mission Capital LLC now owns 397,571 shares of the company’s stock valued at $11,128,000 after buying an additional 277,422 shares during the last quarter. Tortoise Investment Management LLC acquired a new stake in Franklin FTSE Japan ETF during the 4th quarter valued at $62,000. Confluence Investment Management LLC acquired a new stake in Franklin FTSE Japan ETF during the 1st quarter valued at $1,990,000. Finally, Paragon Capital Management Ltd grew its holdings in Franklin FTSE Japan ETF by 3.6% during the 1st quarter. Paragon Capital Management Ltd now owns 75,696 shares of the company’s stock valued at $2,349,000 after buying an additional 2,603 shares during the last quarter.

Franklin FTSE Japan ETF Stock Performance

Shares of NYSEARCA:FLJP opened at $30.24 on Monday. The business’s fifty day moving average price is $29.41 and its two-hundred day moving average price is $29.66. The stock has a market cap of $1.96 billion, a PE ratio of 14.01 and a beta of 0.75. Franklin FTSE Japan ETF has a one year low of $25.10 and a one year high of $31.30.

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.