Cetera Investment Advisers Sells 34,337 Shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Cetera Investment Advisers cut its holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 51.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,970 shares of the company’s stock after selling 34,337 shares during the quarter. Cetera Investment Advisers’ holdings in Franklin FTSE Japan ETF were worth $969,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Compass Financial Group Inc. lifted its position in Franklin FTSE Japan ETF by 1.3% in the 1st quarter. Compass Financial Group Inc. now owns 257,121 shares of the company’s stock valued at $7,559,000 after acquiring an additional 3,183 shares in the last quarter. Opes Wealth Management LLC lifted its position in Franklin FTSE Japan ETF by 5.4% in the 1st quarter. Opes Wealth Management LLC now owns 175,860 shares of the company’s stock valued at $5,170,000 after acquiring an additional 8,960 shares in the last quarter. Private Advisor Group LLC lifted its position in Franklin FTSE Japan ETF by 4.6% in the 1st quarter. Private Advisor Group LLC now owns 11,808 shares of the company’s stock valued at $347,000 after acquiring an additional 518 shares in the last quarter. Altman Advisors Inc. lifted its position in Franklin FTSE Japan ETF by 3.4% in the 1st quarter. Altman Advisors Inc. now owns 55,300 shares of the company’s stock valued at $1,690,000 after acquiring an additional 1,840 shares in the last quarter. Finally, CWM LLC bought a new position in shares of Franklin FTSE Japan ETF during the 1st quarter valued at $29,000.

Franklin FTSE Japan ETF Price Performance

NYSEARCA FLJP opened at $34.08 on Wednesday. The business’s fifty day moving average price is $31.83 and its 200-day moving average price is $30.52. The stock has a market capitalization of $2.29 billion, a price-to-earnings ratio of 14.28 and a beta of 0.67. Franklin FTSE Japan ETF has a 1-year low of $25.77 and a 1-year high of $34.12.

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.