Janney Montgomery Scott LLC Reduces Holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Janney Montgomery Scott LLC lowered its position in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 2.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 79,728 shares of the company’s stock after selling 1,973 shares during the period. Janney Montgomery Scott LLC owned about 0.12% of Franklin FTSE Japan ETF worth $2,425,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Thrivent Financial for Lutherans acquired a new stake in Franklin FTSE Japan ETF in the second quarter valued at $23,592,000. Benjamin F. Edwards & Company Inc. grew its stake in Franklin FTSE Japan ETF by 186.0% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 605,192 shares of the company’s stock worth $17,406,000 after buying an additional 393,577 shares during the period. Rainwater Charitable Foundation acquired a new position in shares of Franklin FTSE Japan ETF during the second quarter worth about $9,455,000. Confluence Investment Management LLC raised its stake in shares of Franklin FTSE Japan ETF by 346.2% during the second quarter. Confluence Investment Management LLC now owns 286,229 shares of the company’s stock valued at $8,232,000 after purchasing an additional 222,085 shares during the period. Finally, Strategic Investment Management LLC grew its stake in shares of Franklin FTSE Japan ETF by 300.0% during the third quarter. Strategic Investment Management LLC now owns 228,550 shares of the company’s stock valued at $6,952,000 after acquiring an additional 171,410 shares in the last quarter.

Franklin FTSE Japan ETF Stock Up 0.3 %

NYSEARCA:FLJP opened at $29.50 on Tuesday. Franklin FTSE Japan ETF has a 52 week low of $25.74 and a 52 week high of $31.30. The company has a market cap of $1.91 billion, a PE ratio of 14.01 and a beta of 0.75. The business’s 50 day moving average is $29.68 and its two-hundred day moving average is $29.49.

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.