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

Franklin FTSE Japan ETF (NYSEARCA:FLJPGet Free Report)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $42.06 and last traded at $41.9610, with a volume of 396354 shares. The stock had previously closed at $41.61.

Franklin FTSE Japan ETF Stock Up 0.8%

The company’s 50-day moving average price is $40.54 and its 200-day moving average price is $39.13. The firm has a market cap of $4.15 billion, a price-to-earnings ratio of 14.28 and a beta of 0.66.

Institutional Investors Weigh In On Franklin FTSE Japan ETF

A number of large investors have recently modified their holdings of the business. Bank of America Corp DE lifted its stake in Franklin FTSE Japan ETF by 12.4% in the 1st quarter. Bank of America Corp DE now owns 13,696,433 shares of the company’s stock worth $495,537,000 after purchasing an additional 1,515,922 shares in the last quarter. Citadel Advisors LLC raised its stake in Franklin FTSE Japan ETF by 1,509.9% during the second quarter. Citadel Advisors LLC now owns 1,125,309 shares of the company’s stock worth $44,731,000 after purchasing an additional 1,055,408 shares during the period. Principal Financial Group Inc. acquired a new position in Franklin FTSE Japan ETF in the 1st quarter valued at about $23,938,000. Janney Montgomery Scott LLC grew its stake in shares of Franklin FTSE Japan ETF by 345.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 351,887 shares of the company’s stock valued at $12,731,000 after buying an additional 272,950 shares during the period. Finally, Morningstar Investment Management LLC purchased a new stake in shares of Franklin FTSE Japan ETF during the 1st quarter valued at approximately $11,886,000.

About Franklin FTSE Japan ETF

(Get Free Report)

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.

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