Envestnet Asset Management Inc. Boosts Holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Envestnet Asset Management Inc. lifted its position in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 9.6% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 659,674 shares of the company’s stock after purchasing an additional 57,928 shares during the period. Envestnet Asset Management Inc. owned about 0.97% of Franklin FTSE Japan ETF worth $19,394,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. US Bancorp DE lifted its position in Franklin FTSE Japan ETF by 122.0% during the fourth quarter. US Bancorp DE now owns 957 shares of the company’s stock valued at $27,000 after buying an additional 526 shares during the period. Raymond James Financial Inc. purchased a new position in Franklin FTSE Japan ETF in the 4th quarter worth about $9,878,000. HighTower Advisors LLC raised its position in Franklin FTSE Japan ETF by 4.5% in the 4th quarter. HighTower Advisors LLC now owns 51,618 shares of the company’s stock worth $1,477,000 after buying an additional 2,221 shares during the last quarter. Harbour Investments Inc. grew its stake in shares of Franklin FTSE Japan ETF by 188.8% during the 4th quarter. Harbour Investments Inc. now owns 1,854 shares of the company’s stock valued at $53,000 after purchasing an additional 1,212 shares during the period. Finally, Thrivent Financial for Lutherans grew its stake in shares of Franklin FTSE Japan ETF by 3.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,108,895 shares of the company’s stock valued at $32,062,000 after purchasing an additional 39,335 shares during the period.

Franklin FTSE Japan ETF Stock Up 0.5%

Franklin FTSE Japan ETF stock opened at $30.97 on Thursday. The business has a 50-day simple moving average of $31.42 and a two-hundred day simple moving average of $29.99. The company has a market cap of $2.08 billion, a P/E ratio of 14.28 and a beta of 0.67. Franklin FTSE Japan ETF has a 52-week low of $25.74 and a 52-week high of $32.38.

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.