Franklin FTSE Japan ETF (NYSEARCA:FLJP) Reaches New 12-Month High – Here’s What Happened

Franklin FTSE Japan ETF (NYSEARCA:FLJP) shares reached a new 52-week high during trading on Monday . The company traded as high as $40.33 and last traded at $40.22, with a volume of 34196 shares changing hands. The stock had previously closed at $39.56.

Franklin FTSE Japan ETF Stock Performance

The business’s 50-day moving average price is $38.58 and its 200 day moving average price is $37.24. The stock has a market capitalization of $3.72 billion, a PE ratio of 14.28 and a beta of 0.65.

Institutional Trading of Franklin FTSE Japan ETF

A number of hedge funds have recently made changes to their positions in FLJP. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Franklin FTSE Japan ETF during the 4th quarter worth $25,000. Sunbelt Securities Inc. lifted its holdings in shares of Franklin FTSE Japan ETF by 475.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,150 shares of the company’s stock worth $40,000 after acquiring an additional 950 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Franklin FTSE Japan ETF during the 4th quarter worth $41,000. Flagship Harbor Advisors LLC bought a new stake in shares of Franklin FTSE Japan ETF during the 4th quarter worth $59,000. Finally, Farther Finance Advisors LLC lifted its stake in Franklin FTSE Japan ETF by 40.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,806 shares of the company’s stock worth $62,000 after purchasing an additional 522 shares during the last quarter.

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.