Belpointe Asset Management LLC Purchases Shares of 19,820 Franklin FTSE Japan ETF $FLJP

Belpointe Asset Management LLC purchased a new stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP) in the 2nd quarter, HoldingsChannel reports. The fund purchased 19,820 shares of the company’s stock, valued at approximately $637,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FLJP. Wealth Enhancement Advisory Services LLC increased its position in shares of Franklin FTSE Japan ETF by 2.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 20,176 shares of the company’s stock worth $593,000 after acquiring an additional 437 shares in the last quarter. Private Advisor Group LLC increased its position in shares of Franklin FTSE Japan ETF by 4.6% during the first quarter. Private Advisor Group LLC now owns 11,808 shares of the company’s stock worth $347,000 after acquiring an additional 518 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Franklin FTSE Japan ETF by 31.6% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,246 shares of the company’s stock worth $66,000 after acquiring an additional 539 shares in the last quarter. Paces Ferry Wealth Advisors LLC boosted its holdings in Franklin FTSE Japan ETF by 6.2% during the first quarter. Paces Ferry Wealth Advisors LLC now owns 10,458 shares of the company’s stock worth $307,000 after purchasing an additional 608 shares during the last quarter. Finally, HighTower Advisors LLC boosted its holdings in Franklin FTSE Japan ETF by 1.2% during the first quarter. HighTower Advisors LLC now owns 52,253 shares of the company’s stock worth $1,536,000 after purchasing an additional 635 shares during the last quarter.

Franklin FTSE Japan ETF Stock Performance

Franklin FTSE Japan ETF stock opened at $34.98 on Friday. Franklin FTSE Japan ETF has a fifty-two week low of $25.77 and a fifty-two week high of $35.87. The stock has a market cap of $2.39 billion, a PE ratio of 14.28 and a beta of 0.67. The firm’s 50-day simple moving average is $34.30 and its 200 day simple moving average is $31.95.

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.