Proquility Private Wealth Partners LLC Cuts Stock Position in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Proquility Private Wealth Partners LLC lessened its holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 5.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 168,766 shares of the company’s stock after selling 9,159 shares during the quarter. Franklin FTSE Japan ETF accounts for 1.6% of Proquility Private Wealth Partners LLC’s investment portfolio, making the stock its 20th biggest position. Proquility Private Wealth Partners LLC’s holdings in Franklin FTSE Japan ETF were worth $4,828,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its stake in Franklin FTSE Japan ETF by 3.8% in the second quarter. Envestnet Asset Management Inc. now owns 672,744 shares of the company’s stock worth $19,348,000 after acquiring an additional 24,383 shares during the period. Thrivent Financial for Lutherans bought a new position in Franklin FTSE Japan ETF in the second quarter worth about $23,592,000. EverSource Wealth Advisors LLC raised its stake in Franklin FTSE Japan ETF by 5.2% in the second quarter. EverSource Wealth Advisors LLC now owns 16,664 shares of the company’s stock worth $500,000 after buying an additional 818 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of Franklin FTSE Japan ETF by 8.4% in the 2nd quarter. Bank of Montreal Can now owns 231,650 shares of the company’s stock valued at $6,662,000 after purchasing an additional 17,993 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of Franklin FTSE Japan ETF by 3.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,490,635 shares of the company’s stock valued at $42,528,000 after buying an additional 45,347 shares in the last quarter.

Franklin FTSE Japan ETF Stock Performance

Shares of NYSEARCA FLJP opened at $28.68 on Wednesday. Franklin FTSE Japan ETF has a fifty-two week low of $25.74 and a fifty-two week high of $31.30. The company has a market capitalization of $1.86 billion, a price-to-earnings ratio of 14.01 and a beta of 0.75. The company has a 50 day simple moving average of $28.85 and a two-hundred day simple moving average of $29.26.

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.