Abich Financial Wealth Management LLC Sells 44,213 Shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Abich Financial Wealth Management LLC decreased its position in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 22.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 150,345 shares of the company’s stock after selling 44,213 shares during the period. Franklin FTSE Japan ETF accounts for approximately 2.9% of Abich Financial Wealth Management LLC’s portfolio, making the stock its 8th largest holding. Abich Financial Wealth Management LLC owned approximately 0.23% of Franklin FTSE Japan ETF worth $4,324,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Eagle Bay Advisors LLC purchased a new stake in Franklin FTSE Japan ETF in the 1st quarter valued at about $40,000. EverSource Wealth Advisors LLC purchased a new stake in Franklin FTSE Japan ETF in the fourth quarter valued at approximately $44,000. Tortoise Investment Management LLC acquired a new position in Franklin FTSE Japan ETF during the fourth quarter worth approximately $62,000. Benjamin Edwards Inc. raised its stake in Franklin FTSE Japan ETF by 5.2% during the first quarter. Benjamin Edwards Inc. now owns 7,113 shares of the company’s stock worth $221,000 after purchasing an additional 353 shares during the period. Finally, O Shaughnessy Asset Management LLC boosted its holdings in shares of Franklin FTSE Japan ETF by 11.7% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 7,735 shares of the company’s stock valued at $240,000 after purchasing an additional 808 shares during the last quarter.

Franklin FTSE Japan ETF Stock Down 0.8 %

FLJP stock opened at $30.19 on Wednesday. The company has a market cap of $1.96 billion, a price-to-earnings ratio of 14.01 and a beta of 0.75. The business has a fifty day simple moving average of $29.37 and a 200-day simple moving average of $29.65. Franklin FTSE Japan ETF has a 52 week low of $25.10 and a 52 week high of $31.30.

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.