Franklin FTSE Japan ETF $FLJP Shares Sold by Inspire Advisors LLC

Inspire Advisors LLC lowered its holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 68.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,675 shares of the company’s stock after selling 25,730 shares during the period. Inspire Advisors LLC’s holdings in Franklin FTSE Japan ETF were worth $403,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. raised its position in shares of Franklin FTSE Japan ETF by 29.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,899 shares of the company’s stock worth $93,000 after purchasing an additional 653 shares during the period. Armstrong Advisory Group Inc. bought a new position in Franklin FTSE Japan ETF during the 2nd quarter worth $109,000. Harel Insurance Investments & Financial Services Ltd. increased its position in Franklin FTSE Japan ETF by 385.7% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,400 shares of the company’s stock worth $109,000 after buying an additional 2,700 shares during the period. Qube Research & Technologies Ltd bought a new stake in Franklin FTSE Japan ETF in the second quarter valued at $184,000. Finally, Sowell Financial Services LLC bought a new stake in Franklin FTSE Japan ETF in the third quarter valued at $209,000.

Franklin FTSE Japan ETF Stock Performance

Franklin FTSE Japan ETF stock opened at $35.73 on Wednesday. The company has a 50-day simple moving average of $35.43 and a 200-day simple moving average of $34.50. The firm has a market capitalization of $2.64 billion, a P/E ratio of 14.28 and a beta of 0.65. Franklin FTSE Japan ETF has a one year low of $25.77 and a one year high of $36.61.

Franklin FTSE Japan ETF 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.