Farther Finance Advisors LLC Reduces Position in Franklin FTSE Japan ETF $FLJP

Farther Finance Advisors LLC trimmed its holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 65.6% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,284 shares of the company’s stock after selling 2,446 shares during the quarter. Farther Finance Advisors LLC’s holdings in Franklin FTSE Japan ETF were worth $41,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. CWM LLC purchased a new position in shares of Franklin FTSE Japan ETF in the 1st quarter worth $29,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Franklin FTSE Japan ETF by 31.6% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,246 shares of the company’s stock valued at $66,000 after acquiring an additional 539 shares during the period. Harbour Investments Inc. boosted its position in Franklin FTSE Japan ETF by 151.2% in the first quarter. Harbour Investments Inc. now owns 4,658 shares of the company’s stock worth $137,000 after purchasing an additional 2,804 shares during the last quarter. Berkshire Asset Management LLC PA purchased a new position in Franklin FTSE Japan ETF in the first quarter worth about $202,000. Finally, GAMMA Investing LLC grew its stake in shares of Franklin FTSE Japan ETF by 2,840.2% during the 1st quarter. GAMMA Investing LLC now owns 7,615 shares of the company’s stock valued at $224,000 after purchasing an additional 7,356 shares during the period.

Franklin FTSE Japan ETF Stock Up 1.5%

Shares of NYSEARCA:FLJP opened at $35.70 on Tuesday. The firm’s 50 day moving average price is $34.10 and its 200-day moving average price is $31.87. Franklin FTSE Japan ETF has a twelve month low of $25.77 and a twelve month high of $35.87. The stock has a market capitalization of $2.44 billion, a PE ratio of 14.28 and a beta of 0.67.

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.