RFG Advisory LLC Makes New $1.55 Million Investment in Franklin FTSE Japan ETF $FLJP

RFG Advisory LLC acquired a new position in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 38,906 shares of the company’s stock, valued at approximately $1,547,000.

Several other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE lifted its stake 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 valued at $495,537,000 after purchasing an additional 1,515,922 shares during the period. Morgan Stanley increased its holdings in Franklin FTSE Japan ETF by 0.4% in the fourth quarter. Morgan Stanley now owns 4,490,762 shares of the company’s stock valued at $154,707,000 after buying an additional 16,822 shares in the last quarter. Citadel Advisors LLC increased its holdings in Franklin FTSE Japan ETF by 1,509.9% in the second quarter. Citadel Advisors LLC now owns 1,125,309 shares of the company’s stock valued at $44,731,000 after buying an additional 1,055,408 shares in the last quarter. Janus Henderson Group PLC raised its position in shares of Franklin FTSE Japan ETF by 0.8% in the fourth quarter. Janus Henderson Group PLC now owns 774,346 shares of the company’s stock worth $26,676,000 after acquiring an additional 5,775 shares during the period. Finally, RiverFront Investment Group LLC raised 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 acquiring an additional 17,061 shares during the period.

Franklin FTSE Japan ETF Stock Up 2.2%

FLJP stock opened at $41.90 on Friday. The company’s 50-day simple moving average is $40.36 and its 200-day simple moving average is $39.03. Franklin FTSE Japan ETF has a 52-week low of $33.64 and a 52-week high of $42.03. The firm has a market cap of $4.15 billion, a P/E ratio of 14.28 and a beta of 0.66.

Franklin FTSE Japan ETF 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.