World Investment Advisors Grows Stake in Franklin FTSE Japan ETF $FLJP

World Investment Advisors boosted its holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 101.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,188 shares of the company’s stock after purchasing an additional 16,197 shares during the quarter. World Investment Advisors’ holdings in Franklin FTSE Japan ETF were worth $1,165,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of FLJP. Bank of America Corp DE boosted its holdings in shares of Franklin FTSE Japan ETF by 4.2% in the 3rd quarter. Bank of America Corp DE now owns 11,836,372 shares of the company’s stock valued at $409,065,000 after buying an additional 476,703 shares during the period. Morgan Stanley grew its stake in Franklin FTSE Japan ETF by 0.4% during the 4th quarter. Morgan Stanley now owns 4,490,762 shares of the company’s stock worth $154,707,000 after buying an additional 16,822 shares during the last quarter. Janus Henderson Group PLC increased its position in Franklin FTSE Japan ETF by 0.8% in the fourth quarter. Janus Henderson Group PLC now owns 774,346 shares of the company’s stock worth $26,676,000 after buying an additional 5,775 shares during the period. RiverFront Investment Group LLC lifted its stake in Franklin FTSE Japan ETF by 2.6% in the fourth quarter. RiverFront Investment Group LLC now owns 676,720 shares of the company’s stock valued at $23,313,000 after buying an additional 17,061 shares during the last quarter. Finally, UBS Group AG lifted its stake in Franklin FTSE Japan ETF by 156.2% in the fourth quarter. UBS Group AG now owns 530,644 shares of the company’s stock valued at $18,281,000 after buying an additional 323,509 shares during the last quarter.

Franklin FTSE Japan ETF Stock Down 0.7%

FLJP stock opened at $39.55 on Thursday. The stock has a market cap of $3.75 billion, a PE ratio of 14.28 and a beta of 0.65. The firm’s 50-day simple moving average is $39.50 and its 200 day simple moving average is $37.80. Franklin FTSE Japan ETF has a fifty-two week low of $30.77 and a fifty-two week high of $41.53.

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.