Cetera Investment Advisers Increases Stock Position in Franklin FTSE Japan ETF $FLJP

Cetera Investment Advisers boosted its position in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 31.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 43,242 shares of the company’s stock after acquiring an additional 10,272 shares during the period. Cetera Investment Advisers owned 0.06% of Franklin FTSE Japan ETF worth $1,390,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. CWM LLC bought a new stake in shares of Franklin FTSE Japan ETF in the first quarter worth about $29,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Franklin FTSE Japan ETF by 31.6% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,246 shares of the company’s stock worth $66,000 after buying an additional 539 shares during the period. Armstrong Advisory Group Inc. bought a new stake in shares of Franklin FTSE Japan ETF in the 2nd quarter worth approximately $109,000. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of Franklin FTSE Japan ETF by 385.7% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,400 shares of the company’s stock valued at $109,000 after buying an additional 2,700 shares during the period. Finally, Harbour Investments Inc. increased its stake in shares of Franklin FTSE Japan ETF by 151.2% during the first quarter. Harbour Investments Inc. now owns 4,658 shares of the company’s stock valued at $137,000 after buying an additional 2,804 shares during the period.

Franklin FTSE Japan ETF Stock Down 0.5%

Shares of Franklin FTSE Japan ETF stock opened at $35.49 on Tuesday. The business has a 50 day moving average of $35.20 and a 200 day moving average of $33.51. Franklin FTSE Japan ETF has a 52 week low of $25.77 and a 52 week high of $36.17. The company has a market cap of $2.47 billion, a PE ratio of 14.28 and a beta of 0.65.

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.