Franklin FTSE Japan ETF (NYSEARCA:FLJP – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 2,849,299 shares traded hands during mid-day trading, an increase of 125% from the previous session’s volume of 1,268,473 shares.The stock last traded at $38.79 and had previously closed at $39.35.
Franklin FTSE Japan ETF Stock Performance
The stock has a market cap of $3.91 billion, a price-to-earnings ratio of 14.28 and a beta of 0.65. The business’s 50 day moving average is $39.67 and its 200 day moving average is $38.15.
Institutional Trading of Franklin FTSE Japan ETF
Several hedge funds and other institutional investors have recently modified their holdings of the business. Bank of America Corp DE lifted its stake in 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 in the last quarter. Morgan Stanley increased its holdings in shares of Franklin FTSE Japan ETF by 0.4% in the 4th quarter. Morgan Stanley now owns 4,490,762 shares of the company’s stock valued at $154,707,000 after purchasing an additional 16,822 shares during the period. Janus Henderson Group PLC increased its holdings in shares of Franklin FTSE Japan ETF by 0.8% in the 4th quarter. Janus Henderson Group PLC now owns 774,346 shares of the company’s stock valued at $26,676,000 after purchasing an additional 5,775 shares during the period. RiverFront Investment Group LLC lifted its position in shares of Franklin FTSE Japan ETF by 2.6% in the fourth quarter. RiverFront Investment Group LLC now owns 676,720 shares of the company’s stock worth $23,313,000 after purchasing an additional 17,061 shares in the last quarter. Finally, Principal Financial Group Inc. purchased a new stake in shares of Franklin FTSE Japan ETF in the first quarter worth approximately $23,938,000.
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.
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