Kensington Asset Management LLC reduced its stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP – Free Report) by 74.2% during the first quarter, HoldingsChannel.com reports. The firm owned 80,941 shares of the company’s stock after selling 232,640 shares during the quarter. Kensington Asset Management LLC’s holdings in Franklin FTSE Japan ETF were worth $2,928,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Annis Gardner Whiting Capital Advisors LLC bought a new position in Franklin FTSE Japan ETF during the 4th quarter valued at approximately $25,000. Sunbelt Securities Inc. raised its stake in Franklin FTSE Japan ETF by 475.0% during the third quarter. Sunbelt Securities Inc. now owns 1,150 shares of the company’s stock valued at $40,000 after buying an additional 950 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Franklin FTSE Japan ETF during the fourth quarter valued at $41,000. Flagship Harbor Advisors LLC bought a new stake in Franklin FTSE Japan ETF in the fourth quarter worth $59,000. Finally, Farther Finance Advisors LLC boosted its holdings in Franklin FTSE Japan ETF by 40.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,806 shares of the company’s stock worth $62,000 after acquiring an additional 522 shares in the last quarter.
Franklin FTSE Japan ETF Trading Down 1.0%
NYSEARCA FLJP opened at $39.38 on Friday. Franklin FTSE Japan ETF has a 12 month low of $31.59 and a 12 month high of $41.53. The stock’s fifty day moving average price is $39.65 and its 200-day moving average price is $38.30. The stock has a market cap of $3.90 billion, a P/E ratio of 14.28 and a beta of 0.65.
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.
Featured Stories
- Five stocks we like better than Franklin FTSE Japan ETF
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Want to see what other hedge funds are holding FLJP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin FTSE Japan ETF (NYSEARCA:FLJP – Free Report).
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.
