Goldman Sachs Group Inc. Sells 6,200 Shares of Franklin FTSE Asia ex Japan ETF $FLAX

Goldman Sachs Group Inc. trimmed its stake in shares of Franklin FTSE Asia ex Japan ETF (NYSEARCA:FLAX) by 19.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,727 shares of the company’s stock after selling 6,200 shares during the quarter. Goldman Sachs Group Inc. owned 2.14% of Franklin FTSE Asia ex Japan ETF worth $602,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FLAX. Flow Traders U.S. LLC raised its stake in shares of Franklin FTSE Asia ex Japan ETF by 8.6% during the 1st quarter. Flow Traders U.S. LLC now owns 26,644 shares of the company’s stock valued at $624,000 after purchasing an additional 2,110 shares during the period. PGIM Custom Harvest LLC raised its stake in shares of Franklin FTSE Asia ex Japan ETF by 3.3% during the 1st quarter. PGIM Custom Harvest LLC now owns 139,867 shares of the company’s stock valued at $3,275,000 after purchasing an additional 4,442 shares during the period. Finally, OLD Mission Capital LLC raised its stake in shares of Franklin FTSE Asia ex Japan ETF by 60.7% during the 1st quarter. OLD Mission Capital LLC now owns 148,290 shares of the company’s stock valued at $3,473,000 after purchasing an additional 56,028 shares during the period.

Franklin FTSE Asia ex Japan ETF Stock Performance

NYSEARCA:FLAX opened at $28.70 on Thursday. Franklin FTSE Asia ex Japan ETF has a 52-week low of $20.43 and a 52-week high of $29.14. The firm has a market cap of $34.44 million, a price-to-earnings ratio of 14.98 and a beta of 0.67. The business’s fifty day moving average is $27.39 and its 200 day moving average is $25.37.

About Franklin FTSE Asia ex Japan ETF

The Franklin FTSE Asia ex Japan ETF (FLAX) is an exchange-traded fund that is based on the FTSE Asia ex Japan RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap stocks from developed and emerging Asian countries, excluding Japan. FLAX was launched on Feb 6, 2018 and is managed by Franklin Templeton.