Franklin FTSE Japan ETF (NYSEARCA:FLJP – Get Free Report) shares saw an uptick in trading volume on Tuesday. Approximately 6,598,069 shares traded hands during mid-day trading, an increase of 473% from the average daily volume of 1,151,805 shares. The stock last traded at $38.5250 and had previously closed at $39.08.
Franklin FTSE Japan ETF Stock Performance
The stock’s 50 day simple moving average is $40.88 and its 200-day simple moving average is $39.26. The firm has a market cap of $4.11 billion, a price-to-earnings ratio of 14.28 and a beta of 0.73.
Hedge Funds Weigh In On Franklin FTSE Japan ETF
Several institutional investors and hedge funds have recently modified their holdings of the stock. Fisher Asset Management LLC acquired a new stake in shares of Franklin FTSE Japan ETF during the third quarter valued at $344,665,000. Bank of America Corp DE lifted its holdings in Franklin FTSE Japan ETF by 12.4% in the 1st quarter. Bank of America Corp DE now owns 13,696,433 shares of the company’s stock valued at $495,537,000 after purchasing an additional 1,515,922 shares in the last quarter. Citadel Advisors LLC boosted its stake in shares of Franklin FTSE Japan ETF by 1,509.9% during the 2nd quarter. Citadel Advisors LLC now owns 1,125,309 shares of the company’s stock worth $44,731,000 after purchasing an additional 1,055,408 shares during the last quarter. Principal Financial Group Inc. purchased a new stake in shares of Franklin FTSE Japan ETF during the first quarter worth about $23,938,000. Finally, Morningstar Investment Management LLC purchased a new stake in shares of Franklin FTSE Japan ETF during the first quarter worth about $11,886,000.
Franklin FTSE Japan ETF Company 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.
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