RiverFront Investment Group LLC Grows Holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

RiverFront Investment Group LLC boosted its position in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 5.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 555,267 shares of the company’s stock after purchasing an additional 28,093 shares during the period. RiverFront Investment Group LLC owned about 0.86% of Franklin FTSE Japan ETF worth $15,886,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the company. US Bancorp DE raised its stake in shares of Franklin FTSE Japan ETF by 122.0% in the fourth quarter. US Bancorp DE now owns 957 shares of the company’s stock valued at $27,000 after buying an additional 526 shares during the period. Harbour Investments Inc. raised its stake in Franklin FTSE Japan ETF by 188.8% in the fourth quarter. Harbour Investments Inc. now owns 1,854 shares of the company’s stock valued at $53,000 after purchasing an additional 1,212 shares in the last quarter. Paces Ferry Wealth Advisors LLC grew its position in Franklin FTSE Japan ETF by 19.6% in the fourth quarter. Paces Ferry Wealth Advisors LLC now owns 9,850 shares of the company’s stock worth $282,000 after acquiring an additional 1,616 shares in the last quarter. Clean Yield Group bought a new stake in shares of Franklin FTSE Japan ETF in the 4th quarter worth approximately $50,000. Finally, Townsquare Capital LLC lifted its position in Franklin FTSE Japan ETF by 2.9% in the third quarter. Townsquare Capital LLC now owns 66,524 shares of the company’s stock valued at $2,024,000 after purchasing an additional 1,869 shares during the last quarter.

Franklin FTSE Japan ETF Stock Performance

NYSEARCA FLJP opened at $29.65 on Friday. Franklin FTSE Japan ETF has a fifty-two week low of $25.74 and a fifty-two week high of $31.08. The stock has a market cap of $1.92 billion, a P/E ratio of 14.50 and a beta of 0.63. The stock has a 50 day simple moving average of $29.54 and a two-hundred day simple moving average of $29.36.

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.