Madison Asset Management LLC Sells 118,752 Shares of Franklin FTSE Japan ETF $FLJP

Madison Asset Management LLC reduced its position in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 30.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 277,486 shares of the company’s stock after selling 118,752 shares during the quarter. Madison Asset Management LLC owned approximately 0.40% of Franklin FTSE Japan ETF worth $9,590,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its stake in shares of Franklin FTSE Japan ETF by 29.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,899 shares of the company’s stock valued at $93,000 after buying an additional 653 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in Franklin FTSE Japan ETF by 385.7% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,400 shares of the company’s stock valued at $109,000 after acquiring an additional 2,700 shares during the period. Qube Research & Technologies Ltd acquired a new position in Franklin FTSE Japan ETF in the second quarter worth about $184,000. Premier Path Wealth Partners LLC acquired a new stake in Franklin FTSE Japan ETF during the third quarter valued at approximately $205,000. Finally, Sowell Financial Services LLC acquired a new stake in Franklin FTSE Japan ETF during the third quarter valued at approximately $209,000.

Franklin FTSE Japan ETF Price Performance

Franklin FTSE Japan ETF stock opened at $40.07 on Thursday. The company has a market capitalization of $2.96 billion, a PE ratio of 14.28 and a beta of 0.65. Franklin FTSE Japan ETF has a one year low of $25.77 and a one year high of $40.18. The business has a 50 day simple moving average of $36.04 and a 200 day simple moving average of $35.12.

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.