TOP Private Wealth LLC. Invests $813,000 in Franklin FTSE Asia ex Japan ETF $FLAX

TOP Private Wealth LLC. purchased a new position in shares of Franklin FTSE Asia ex Japan ETF (NYSEARCA:FLAX) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 21,809 shares of the company’s stock, valued at approximately $813,000. Franklin FTSE Asia ex Japan ETF accounts for about 0.8% of TOP Private Wealth LLC.’s investment portfolio, making the stock its 24th largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FLAX. Vivaldi Capital Management LP boosted its holdings in Franklin FTSE Asia ex Japan ETF by 3.8% in the 2nd quarter. Vivaldi Capital Management LP now owns 10,561 shares of the company’s stock worth $275,000 after buying an additional 389 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Franklin FTSE Asia ex Japan ETF by 50.6% in the second quarter. Jane Street Group LLC now owns 61,897 shares of the company’s stock worth $1,609,000 after acquiring an additional 20,806 shares during the last quarter. Corient Private Wealth LLC increased its position in shares of Franklin FTSE Asia ex Japan ETF by 70.1% during the second quarter. Corient Private Wealth LLC now owns 39,673 shares of the company’s stock worth $1,032,000 after purchasing an additional 16,350 shares in the last quarter. Osaic Holdings Inc. acquired a new position in Franklin FTSE Asia ex Japan ETF in the 2nd quarter valued at $46,000. Finally, PGIM Custom Harvest LLC raised its stake in Franklin FTSE Asia ex Japan ETF by 0.5% in the 3rd quarter. PGIM Custom Harvest LLC now owns 167,838 shares of the company’s stock valued at $4,847,000 after purchasing an additional 855 shares during the last quarter.

Franklin FTSE Asia ex Japan ETF Stock Up 1.7%

Franklin FTSE Asia ex Japan ETF stock opened at $37.37 on Friday. The firm has a market capitalization of $59.79 million, a price-to-earnings ratio of 14.98 and a beta of 0.71. The company has a fifty day simple moving average of $35.83 and a 200-day simple moving average of $34.77. Franklin FTSE Asia ex Japan ETF has a 52-week low of $27.31 and a 52-week high of $39.20.

About Franklin FTSE Asia ex Japan ETF

The Franklin FTSE Asia ex Japan ETF (FLAX) is an exchange-traded fund that is based on the FTSE Asia ex Japan RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap stocks from developed and emerging Asian countries, excluding Japan. FLAX was launched on Feb 6, 2018 and is managed by Franklin Templeton.