Principal Financial Group Inc. Makes New Investment in Franklin FTSE Japan ETF $FLJP

Principal Financial Group Inc. acquired a new stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 661,624 shares of the company’s stock, valued at approximately $23,938,000.

A number of other hedge funds also recently made changes to their positions in the company. Blair William & Co. IL raised its stake in shares of Franklin FTSE Japan ETF by 2.6% during the fourth quarter. Blair William & Co. IL now owns 9,991 shares of the company’s stock valued at $344,000 after purchasing an additional 256 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Franklin FTSE Japan ETF by 5.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,968 shares of the company’s stock valued at $171,000 after purchasing an additional 266 shares during the period. Wilmington Savings Fund Society FSB grew its holdings in Franklin FTSE Japan ETF by 3.9% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 7,936 shares of the company’s stock valued at $274,000 after purchasing an additional 300 shares in the last quarter. Paces Ferry Wealth Advisors LLC grew its holdings in Franklin FTSE Japan ETF by 3.3% during the 3rd quarter. Paces Ferry Wealth Advisors LLC now owns 10,600 shares of the company’s stock valued at $366,000 after purchasing an additional 340 shares in the last quarter. Finally, Clear Creek Financial Management LLC increased its stake in Franklin FTSE Japan ETF by 0.8% during the 4th quarter. Clear Creek Financial Management LLC now owns 41,435 shares of the company’s stock worth $1,427,000 after buying an additional 343 shares during the period.

Franklin FTSE Japan ETF Price Performance

Shares of FLJP stock opened at $38.68 on Tuesday. Franklin FTSE Japan ETF has a 12 month low of $31.14 and a 12 month high of $41.53. The firm has a market capitalization of $3.90 billion, a P/E ratio of 14.28 and a beta of 0.65. The company’s fifty day moving average price is $39.67 and its two-hundred day moving average price is $38.08.

About Franklin FTSE Japan ETF

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.