Avestar Capital LLC Sells 17,011 Shares of Franklin FTSE Japan ETF $FLJP

Avestar Capital LLC lessened its holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 5.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 304,871 shares of the company’s stock after selling 17,011 shares during the period. Franklin FTSE Japan ETF accounts for approximately 0.7% of Avestar Capital LLC’s holdings, making the stock its 23rd biggest position. Avestar Capital LLC owned about 0.44% of Franklin FTSE Japan ETF worth $10,536,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. CWM LLC grew its holdings in Franklin FTSE Japan ETF by 205.7% during the 3rd quarter. CWM LLC now owns 35,617 shares of the company’s stock valued at $1,231,000 after buying an additional 23,966 shares in the last quarter. AGF Management Ltd. boosted its position in shares of Franklin FTSE Japan ETF by 6.7% during the second quarter. AGF Management Ltd. now owns 430,131 shares of the company’s stock worth $13,829,000 after acquiring an additional 27,050 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Franklin FTSE Japan ETF by 31.2% during the second quarter. Cetera Investment Advisers now owns 43,242 shares of the company’s stock worth $1,390,000 after acquiring an additional 10,272 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in Franklin FTSE Japan ETF during the second quarter valued at $1,055,000. Finally, Accordant Advisory Group Inc increased its holdings in Franklin FTSE Japan ETF by 24.9% in the 3rd quarter. Accordant Advisory Group Inc now owns 149,839 shares of the company’s stock valued at $5,178,000 after acquiring an additional 29,874 shares during the last quarter.

Franklin FTSE Japan ETF Stock Down 0.4%

Shares of FLJP stock opened at $39.13 on Thursday. The stock has a market cap of $2.89 billion, a P/E ratio of 14.28 and a beta of 0.65. The company’s fifty day simple moving average is $36.43 and its two-hundred day simple moving average is $35.39. Franklin FTSE Japan ETF has a 52 week low of $25.77 and a 52 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.