Tradewinds Capital Management LLC Makes New $14.10 Million Investment in Franklin FTSE Japan ETF $FLJP

Tradewinds Capital Management LLC purchased a new stake in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 409,282 shares of the company’s stock, valued at approximately $14,100,000. Franklin FTSE Japan ETF comprises approximately 3.0% of Tradewinds Capital Management LLC’s portfolio, making the stock its 12th largest holding.

Other large investors have also recently modified their holdings of the company. Sunbelt Securities Inc. grew its position in Franklin FTSE Japan ETF by 475.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,150 shares of the company’s stock valued at $40,000 after purchasing an additional 950 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised 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 worth $93,000 after buying an additional 653 shares during the last quarter. Qube Research & Technologies Ltd bought a new position in shares of Franklin FTSE Japan ETF in the second quarter worth approximately $184,000. Auour Investments LLC bought a new position in shares of Franklin FTSE Japan ETF in the fourth quarter worth approximately $200,000. Finally, Premier Path Wealth Partners LLC purchased a new stake in shares of Franklin FTSE Japan ETF during the third quarter valued at approximately $205,000.

Franklin FTSE Japan ETF Stock Down 1.4%

Shares of FLJP opened at $34.92 on Friday. The company has a market capitalization of $2.58 billion, a P/E ratio of 14.28 and a beta of 0.65. The firm has a 50 day moving average of $37.36 and a 200 day moving average of $35.99. Franklin FTSE Japan ETF has a twelve month low of $25.77 and a twelve month high of $40.22.

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.