Almanack Investment Partners LLC. Raises Stock Holdings in Franklin FTSE Japan ETF $FLJP

Almanack Investment Partners LLC. increased its position in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 4.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,475 shares of the company’s stock after purchasing an additional 1,266 shares during the period. Almanack Investment Partners LLC.’s holdings in Franklin FTSE Japan ETF were worth $980,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. CWM LLC grew its stake in shares of Franklin FTSE Japan ETF by 1,072.1% in the second quarter. CWM LLC now owns 11,651 shares of the company’s stock worth $375,000 after acquiring an additional 10,657 shares during the last quarter. IFP Advisors Inc grew its stake in shares of Franklin FTSE Japan ETF by 60.9% in the second quarter. IFP Advisors Inc now owns 9,722 shares of the company’s stock worth $313,000 after acquiring an additional 3,678 shares during the last quarter. Clear Creek Financial Management LLC purchased a new stake in shares of Franklin FTSE Japan ETF in the second quarter worth $1,331,000. Spectrum Asset Management Inc. NB CA purchased a new stake in shares of Franklin FTSE Japan ETF in the second quarter worth $1,872,000. Finally, Belpointe Asset Management LLC purchased a new stake in shares of Franklin FTSE Japan ETF in the second quarter worth $637,000.

Franklin FTSE Japan ETF Trading Down 3.6%

NYSEARCA FLJP opened at $33.71 on Monday. Franklin FTSE Japan ETF has a 12 month low of $25.77 and a 12 month high of $35.87. The stock has a market cap of $2.31 billion, a P/E ratio of 14.28 and a beta of 0.67. The stock’s fifty day moving average price is $34.33 and its 200-day moving average price is $31.99.

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.