Principal Financial Group Inc. Has $10.53 Million Stock Holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Principal Financial Group Inc. increased its stake in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 386.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 346,156 shares of the company’s stock after purchasing an additional 274,974 shares during the period. Principal Financial Group Inc. owned approximately 0.53% of Franklin FTSE Japan ETF worth $10,530,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of FLJP. Venturi Wealth Management LLC bought a new position in Franklin FTSE Japan ETF during the 3rd quarter worth about $58,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Franklin FTSE Japan ETF by 38.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,362 shares of the company’s stock worth $68,000 after buying an additional 657 shares during the period. Eagle Bay Advisors LLC grew its holdings in shares of Franklin FTSE Japan ETF by 90.8% during the third quarter. Eagle Bay Advisors LLC now owns 2,480 shares of the company’s stock worth $75,000 after buying an additional 1,180 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Franklin FTSE Japan ETF in the 3rd quarter valued at approximately $171,000. Finally, Source Financial Advisors LLC bought a new stake in Franklin FTSE Japan ETF in the 3rd quarter valued at approximately $203,000.

Franklin FTSE Japan ETF Stock Down 0.9 %

Shares of FLJP opened at $28.60 on Tuesday. The company has a 50 day moving average of $29.06 and a 200-day moving average of $29.32. The stock has a market capitalization of $1.85 billion, a P/E ratio of 14.01 and a beta of 0.75. Franklin FTSE Japan ETF has a twelve month low of $25.74 and a twelve month 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.