RiverFront Investment Group LLC Buys 17,061 Shares of Franklin FTSE Japan ETF $FLJP

RiverFront Investment Group LLC boosted its stake in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 676,720 shares of the company’s stock after purchasing an additional 17,061 shares during the quarter. RiverFront Investment Group LLC’s holdings in Franklin FTSE Japan ETF were worth $23,313,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its position in Franklin FTSE Japan ETF by 4.2% during the third quarter. Bank of America Corp DE now owns 11,836,372 shares of the company’s stock worth $409,065,000 after purchasing an additional 476,703 shares during the period. Envestnet Asset Management Inc. boosted its position in Franklin FTSE Japan ETF by 0.3% during the third quarter. Envestnet Asset Management Inc. now owns 661,806 shares of the company’s stock worth $22,872,000 after purchasing an additional 2,046 shares during the period. UBS Group AG boosted its position in Franklin FTSE Japan ETF by 156.2% during the fourth quarter. UBS Group AG now owns 530,644 shares of the company’s stock worth $18,281,000 after purchasing an additional 323,509 shares during the period. Tradewinds Capital Management LLC bought a new position in Franklin FTSE Japan ETF during the fourth quarter worth $14,100,000. Finally, Cercano Management LLC bought a new position in Franklin FTSE Japan ETF during the third quarter worth $13,791,000.

Franklin FTSE Japan ETF Stock Performance

FLJP opened at $39.05 on Monday. The stock has a fifty day moving average of $37.26 and a 200-day moving average of $36.69. The company has a market capitalization of $3.61 billion, a P/E ratio of 14.28 and a beta of 0.65. Franklin FTSE Japan ETF has a fifty-two week low of $30.54 and a fifty-two week high of $40.22.

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.