Fisher Asset Management LLC Purchases 8,325,251 Shares of Franklin FTSE Japan ETF $FLJP

Fisher Asset Management LLC purchased a new position in Franklin FTSE Japan ETF (NYSEARCA:FLJP) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 8,325,251 shares of the company’s stock, valued at approximately $344,665,000. Fisher Asset Management LLC owned about 7.80% of Franklin FTSE Japan ETF as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the company. Asset One Wealth Management LLC increased its holdings in Franklin FTSE Japan ETF by 10.1% during the 3rd quarter. Asset One Wealth Management LLC now owns 32,239 shares of the company’s stock valued at $1,335,000 after purchasing an additional 2,947 shares during the period. Commonwealth Equity Services LLC purchased a new stake in Franklin FTSE Japan ETF in the 3rd quarter worth approximately $1,237,000. Arta Finance Wealth Management LLC lifted its holdings in Franklin FTSE Japan ETF by 8.2% in the 3rd quarter. Arta Finance Wealth Management LLC now owns 8,408 shares of the company’s stock worth $348,000 after buying an additional 637 shares during the period. United Asset Strategies Inc. grew its position in shares of Franklin FTSE Japan ETF by 30.4% in the 3rd quarter. United Asset Strategies Inc. now owns 11,298 shares of the company’s stock worth $468,000 after buying an additional 2,634 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC grew its position in shares of Franklin FTSE Japan ETF by 77.9% in the 3rd quarter. Financial Network Wealth Advisors LLC now owns 28,737 shares of the company’s stock worth $1,190,000 after buying an additional 12,581 shares during the last quarter.

Franklin FTSE Japan ETF Stock Performance

FLJP opened at $39.05 on Friday. Franklin FTSE Japan ETF has a 52-week low of $34.07 and a 52-week high of $42.42. The stock has a market capitalization of $4.17 billion, a PE ratio of 15.61 and a beta of 0.73. The stock’s 50 day moving average price is $40.77 and its 200-day moving average price is $39.30.

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.