Vontobel Holding Ltd. Decreases Stock Holdings in Franklin FTSE Japan ETF $FLJP

Vontobel Holding Ltd. decreased its holdings in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 5.9% during the second quarter, Holdings Channel.com reports. The firm owned 144,100 shares of the company’s stock after selling 9,000 shares during the period. Vontobel Holding Ltd.’s holdings in Franklin FTSE Japan ETF were worth $4,633,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC raised its stake in 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 valued at $593,000 after purchasing an additional 437 shares in the last quarter. Private Advisor Group LLC increased its position in 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 valued at $347,000 after acquiring an additional 518 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in 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 valued at $66,000 after acquiring an additional 539 shares during the last quarter. Paces Ferry Wealth Advisors LLC increased its position 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 valued at $307,000 after acquiring an additional 608 shares during the last quarter. Finally, HighTower Advisors LLC increased its position 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 valued at $1,536,000 after acquiring an additional 635 shares during the last quarter.

Franklin FTSE Japan ETF Stock Down 3.6%

FLJP stock opened at $33.71 on Friday. Franklin FTSE Japan ETF has a twelve month low of $25.77 and a twelve month high of $35.87. The stock has a market capitalization of $2.31 billion, a price-to-earnings ratio of 14.28 and a beta of 0.67. The firm’s fifty day simple moving average is $34.33 and its two-hundred day simple moving average is $31.97.

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.