Royal Bank of Canada Sells 107,276 Shares of Franklin FTSE Japan ETF $FLJP

Royal Bank of Canada reduced its stake in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 35.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 193,306 shares of the company’s stock after selling 107,276 shares during the period. Royal Bank of Canada’s holdings in Franklin FTSE Japan ETF were worth $6,994,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Blair William & Co. IL increased its position 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 worth $344,000 after acquiring an additional 256 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in Franklin FTSE Japan ETF by 5.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,968 shares of the company’s stock valued at $171,000 after acquiring an additional 266 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its position in Franklin FTSE Japan ETF by 3.9% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 7,936 shares of the company’s stock valued at $274,000 after acquiring an additional 300 shares in the last quarter. Paces Ferry Wealth Advisors LLC boosted its stake in Franklin FTSE Japan ETF by 2.8% in the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 11,381 shares of the company’s stock worth $412,000 after purchasing an additional 312 shares during the period. Finally, Mittelman Wealth Management boosted its stake in Franklin FTSE Japan ETF by 0.4% in the 1st quarter. Mittelman Wealth Management now owns 102,476 shares of the company’s stock worth $3,708,000 after purchasing an additional 368 shares during the period.

Franklin FTSE Japan ETF Trading Up 0.2%

FLJP stock opened at $40.99 on Wednesday. The stock has a 50-day moving average price of $39.78 and a two-hundred day moving average price of $38.53. The stock has a market cap of $4.06 billion, a PE ratio of 14.28 and a beta of 0.66. Franklin FTSE Japan ETF has a 1 year low of $33.42 and a 1 year high of $41.53.

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.