Franklin FTSE Japan ETF (NYSEARCA:FLJP) Reaches New 12-Month High – Here’s What Happened

by · The Markets Daily

Shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $36.17 and last traded at $36.1560, with a volume of 237893 shares traded. The stock had previously closed at $36.03.

Franklin FTSE Japan ETF Price Performance

The company has a 50 day moving average of $35.40 and a 200-day moving average of $33.77. The company has a market cap of $2.51 billion, a P/E ratio of 14.28 and a beta of 0.65.

Institutional Trading of Franklin FTSE Japan ETF

A number of hedge funds have recently added to or reduced their stakes in the company. HighTower Advisors LLC increased its holdings in Franklin FTSE Japan ETF by 1.2% in the first quarter. HighTower Advisors LLC now owns 52,253 shares of the company’s stock valued at $1,536,000 after buying an additional 635 shares in the last quarter. Kovitz Investment Group Partners LLC acquired a new stake in shares of Franklin FTSE Japan ETF during the 1st quarter valued at about $1,049,000. EverSource Wealth Advisors LLC increased its stake in shares of Franklin FTSE Japan ETF by 12.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 31,391 shares of the company’s stock valued at $923,000 after purchasing an additional 3,594 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in Franklin FTSE Japan ETF by 19.1% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 311,591 shares of the company’s stock worth $9,161,000 after purchasing an additional 49,974 shares during the period. Finally, Berkshire Asset Management LLC PA acquired a new position in Franklin FTSE Japan ETF in the 1st quarter worth about $202,000.

Franklin FTSE Japan ETF Company Profile

(Get Free Report)

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.

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