Morningstar Investment Management LLC bought a new stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 328,512 shares of the company’s stock, valued at approximately $11,886,000. Franklin FTSE Japan ETF makes up about 0.7% of Morningstar Investment Management LLC’s investment portfolio, making the stock its 22nd largest holding. Morningstar Investment Management LLC owned about 0.36% of Franklin FTSE Japan ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also added to or reduced their stakes in the business. Blair William & Co. IL lifted its position in Franklin FTSE Japan ETF by 2.6% during the 4th quarter. Blair William & Co. IL now owns 9,991 shares of the company’s stock worth $344,000 after buying an additional 256 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Franklin FTSE Japan ETF by 5.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,968 shares of the company’s stock worth $171,000 after buying an additional 266 shares during the last quarter. Wilmington Savings Fund Society FSB grew its holdings in shares of Franklin FTSE Japan ETF by 3.9% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 7,936 shares of the company’s stock valued at $274,000 after acquiring an additional 300 shares in the last quarter. Paces Ferry Wealth Advisors LLC grew its holdings in shares of Franklin FTSE Japan ETF by 2.8% in the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 11,381 shares of the company’s stock valued at $412,000 after acquiring an additional 312 shares in the last quarter. Finally, Clear Creek Financial Management LLC grew its holdings in shares of Franklin FTSE Japan ETF by 0.8% in the 4th quarter. Clear Creek Financial Management LLC now owns 41,435 shares of the company’s stock valued at $1,427,000 after acquiring an additional 343 shares in the last quarter.
Franklin FTSE Japan ETF Stock Performance
NYSEARCA:FLJP opened at $38.96 on Friday. Franklin FTSE Japan ETF has a 52-week low of $31.59 and a 52-week high of $41.53. The company has a market cap of $3.93 billion, a P/E ratio of 14.28 and a beta of 0.65. The stock’s 50-day simple moving average is $39.65 and its 200 day simple moving average is $38.18.
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.
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