Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) Trading Down 1.2%

Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) was down 1.2% during trading on Wednesday . The stock traded as low as $30.29 and last traded at $30.39. Approximately 39,957 shares changed hands during trading, an increase of 40% from the average daily volume of 28,490 shares. The stock had previously closed at $30.77.

Franklin FTSE Japan Hedged ETF Price Performance

The company has a fifty day moving average price of $30.44 and a 200 day moving average price of $30.12. The stock has a market cap of $240.08 million, a P/E ratio of 13.59 and a beta of 0.62.

Institutional Investors Weigh In On Franklin FTSE Japan Hedged ETF

Several institutional investors have recently bought and sold shares of FLJH. UBS Group AG boosted its position in Franklin FTSE Japan Hedged ETF by 2,190.2% in the second quarter. UBS Group AG now owns 1,168 shares of the company’s stock worth $34,000 after purchasing an additional 1,117 shares during the last quarter. Private Trust Co. NA purchased a new position in shares of Franklin FTSE Japan Hedged ETF during the 3rd quarter valued at $93,000. Bank of America Corp DE lifted its position in shares of Franklin FTSE Japan Hedged ETF by 21.2% during the 4th quarter. Bank of America Corp DE now owns 3,277 shares of the company’s stock valued at $80,000 after buying an additional 573 shares during the last quarter. Carnegie Capital Asset Management LLC purchased a new position in shares of Franklin FTSE Japan Hedged ETF during the 3rd quarter valued at $249,000. Finally, Matrix Trust Co lifted its position in shares of Franklin FTSE Japan Hedged ETF by 128.9% during the 3rd quarter. Matrix Trust Co now owns 7,953 shares of the company’s stock valued at $251,000 after buying an additional 4,479 shares during the last quarter.

About Franklin FTSE Japan Hedged ETF

The Franklin FTSE Japan Hedged ETF (FLJH) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies in Japan. The fund is currency hedged for USD-based investors. FLJH was launched on Nov 2, 2017 and is managed by Franklin Templeton.