Franklin FTSE Japan ETF (NYSEARCA:FLJP) Reaches New 1-Year High – Here’s Why

Franklin FTSE Japan ETF (NYSEARCA:FLJPGet Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $41.73 and last traded at $41.71, with a volume of 23896 shares traded. The stock had previously closed at $40.99.

Franklin FTSE Japan ETF Trading Up 1.9%

The firm has a market capitalization of $4.14 billion, a price-to-earnings ratio of 14.28 and a beta of 0.66. The stock’s 50 day moving average price is $39.78 and its two-hundred day moving average price is $38.53.

Institutional Trading of Franklin FTSE Japan ETF

A number of institutional investors have recently added to or reduced their stakes in FLJP. Matrix Trust Co acquired a new position in Franklin FTSE Japan ETF during the second quarter worth about $950,000. Trilogy Capital Inc. lifted its position in shares of Franklin FTSE Japan ETF by 5.9% during the 2nd quarter. Trilogy Capital Inc. now owns 202,414 shares of the company’s stock valued at $8,046,000 after acquiring an additional 11,209 shares during the period. Western Wealth Management LLC purchased a new stake in shares of Franklin FTSE Japan ETF during the 1st quarter worth approximately $379,000. Essential Partners LLC boosted its stake in shares of Franklin FTSE Japan ETF by 22.8% during the 1st quarter. Essential Partners LLC now owns 9,287 shares of the company’s stock worth $336,000 after acquiring an additional 1,724 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Franklin FTSE Japan ETF by 12.4% in the 1st quarter. Bank of America Corp DE now owns 13,696,433 shares of the company’s stock worth $495,537,000 after acquiring an additional 1,515,922 shares during the period.

About Franklin FTSE Japan ETF

(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.

Featured Articles

Receive News & Ratings for Franklin FTSE Japan ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin FTSE Japan ETF and related companies with MarketBeat.com's FREE daily email newsletter.