Raymond James & Associates Lowers Stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Raymond James & Associates lowered its stake in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 1.7% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 241,485 shares of the company’s stock after selling 4,232 shares during the period. Raymond James & Associates owned approximately 0.37% of Franklin FTSE Japan ETF worth $7,346,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in FLJP. Allspring Global Investments Holdings LLC purchased a new position in Franklin FTSE Japan ETF in the 1st quarter valued at approximately $1,198,000. Norden Group LLC purchased a new position in Franklin FTSE Japan ETF in the 1st quarter valued at approximately $2,115,000. Commonwealth Equity Services LLC purchased a new position in Franklin FTSE Japan ETF in the 1st quarter valued at approximately $1,673,000. Janney Montgomery Scott LLC boosted its position in Franklin FTSE Japan ETF by 30.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 94,173 shares of the company’s stock valued at $2,922,000 after buying an additional 22,035 shares during the period. Finally, Almanack Investment Partners LLC. boosted its position in Franklin FTSE Japan ETF by 211.5% in the 1st quarter. Almanack Investment Partners LLC. now owns 63,030 shares of the company’s stock valued at $1,956,000 after buying an additional 42,797 shares during the period.

Franklin FTSE Japan ETF Stock Performance

Shares of FLJP stock opened at $28.96 on Thursday. The firm has a fifty day moving average price of $29.87 and a 200 day moving average price of $29.50. The company has a market cap of $1.88 billion, a P/E ratio of 14.01 and a beta of 0.75. Franklin FTSE Japan ETF has a 12 month low of $25.70 and a 12 month high of $31.30.

About Franklin FTSE Japan ETF

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.