Ameriprise Financial Inc. Cuts Stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Ameriprise Financial Inc. lowered its position in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 37.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 451,123 shares of the company’s stock after selling 267,623 shares during the quarter. Ameriprise Financial Inc. owned 0.70% of Franklin FTSE Japan ETF worth $12,907,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Itau Unibanco Holding S.A. purchased a new position in shares of Franklin FTSE Japan ETF in the 4th quarter valued at about $3,000,000. Arvest Bank Trust Division increased its holdings in shares of Franklin FTSE Japan ETF by 2.9% in the 4th quarter. Arvest Bank Trust Division now owns 538,531 shares of the company’s stock valued at $15,407,000 after purchasing an additional 15,232 shares in the last quarter. Altman Advisors Inc. increased its holdings in shares of Franklin FTSE Japan ETF by 2.4% in the 4th quarter. Altman Advisors Inc. now owns 53,460 shares of the company’s stock valued at $1,529,000 after purchasing an additional 1,255 shares in the last quarter. Crux Wealth Advisors purchased a new position in shares of Franklin FTSE Japan ETF in the 4th quarter valued at about $1,044,000. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of Franklin FTSE Japan ETF by 6.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 17,659 shares of the company’s stock valued at $505,000 after purchasing an additional 1,068 shares in the last quarter.

Franklin FTSE Japan ETF Stock Up 0.4%

Shares of FLJP opened at $31.06 on Monday. The company has a 50-day simple moving average of $29.69 and a 200-day simple moving average of $29.29. The company has a market capitalization of $2.11 billion, a PE ratio of 13.49 and a beta of 0.62. Franklin FTSE Japan ETF has a 52-week low of $25.74 and a 52-week high of $31.16.

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.