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

Matrix Trust Co acquired a new stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 23,892 shares of the company’s stock, valued at approximately $950,000.

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

Shares of FLJP 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 firm’s fifty day simple moving average is $39.73 and its 200-day simple moving average is $38.46. The firm has a market capitalization of $4.08 billion, a price-to-earnings ratio of 14.28 and a beta of 0.66.

Franklin FTSE Japan ETF 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.