Matrix Trust Co Invests $950,000 in Franklin FTSE Japan ETF $FLJP

Matrix Trust Co acquired a new stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP) during the second quarter, HoldingsChannel reports. The firm acquired 23,892 shares of the company’s stock, valued at approximately $950,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Creative Planning lifted its stake in Franklin FTSE Japan ETF by 54.8% during the second quarter. Creative Planning now owns 10,923 shares of the company’s stock worth $351,000 after purchasing an additional 3,865 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Franklin FTSE Japan ETF by 125.6% in the second quarter. JPMorgan Chase & Co. now owns 71,615 shares of the company’s stock valued at $2,302,000 after purchasing an additional 39,875 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Franklin FTSE Japan ETF by 29.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,899 shares of the company’s stock valued at $93,000 after purchasing an additional 653 shares in the last quarter. Hsbc Holdings PLC purchased a new position in Franklin FTSE Japan ETF in the second quarter valued at approximately $499,000. Finally, Baird Financial Group Inc. increased its stake in Franklin FTSE Japan ETF by 7.4% in the second quarter. Baird Financial Group Inc. now owns 10,778 shares of the company’s stock valued at $347,000 after purchasing an additional 741 shares during the last quarter.

Franklin FTSE Japan ETF Stock Performance

FLJP stock opened at $41.24 on Monday. Franklin FTSE Japan ETF has a twelve month low of $33.42 and a twelve month high of $41.53. The company’s 50 day moving average is $39.73 and its two-hundred day moving average is $38.46. The stock has a market cap of $4.08 billion, a P/E ratio of 14.28 and a beta of 0.66.

About Franklin FTSE Japan ETF

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.