Franklin FTSE Japan ETF (NYSEARCA:FLJP) Sees Strong Trading Volume – Here’s Why

Franklin FTSE Japan ETF (NYSEARCA:FLJP) shares saw an uptick in trading volume on Tuesday . 3,936,750 shares changed hands during trading, an increase of 238% from the previous session’s volume of 1,164,797 shares.The stock last traded at $36.38 and had previously closed at $38.66.

Franklin FTSE Japan ETF Stock Performance

The firm has a market capitalization of $2.80 billion, a price-to-earnings ratio of 14.28 and a beta of 0.65. The firm’s 50-day moving average price is $37.13 and its two-hundred day moving average price is $35.78.

Institutional Trading of Franklin FTSE Japan ETF

Several institutional investors have recently bought and sold shares of FLJP. Blair William & Co. IL grew its position in Franklin FTSE Japan ETF by 2.6% in the fourth quarter. Blair William & Co. IL now owns 9,991 shares of the company’s stock valued at $344,000 after acquiring an additional 256 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of 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 worth $171,000 after purchasing an additional 266 shares during the last quarter. BOS Asset Management LLC increased its position in shares of Franklin FTSE Japan ETF by 3.6% during the 3rd quarter. BOS Asset Management LLC now owns 8,527 shares of the company’s stock worth $295,000 after purchasing an additional 295 shares in the last quarter. Wilmington Savings Fund Society FSB increased its position in shares of Franklin FTSE Japan ETF by 3.9% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 7,936 shares of the company’s stock worth $274,000 after purchasing an additional 300 shares in the last quarter. Finally, Paces Ferry Wealth Advisors LLC lifted its holdings in Franklin FTSE Japan ETF by 3.3% during the 3rd quarter. Paces Ferry Wealth Advisors LLC now owns 10,600 shares of the company’s stock valued at $366,000 after purchasing an additional 340 shares during the last quarter.

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.