Avestar Capital LLC Trims Stock Holdings in Franklin FTSE Japan ETF $FLJP

Avestar Capital LLC lowered its holdings in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 5.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 304,871 shares of the company’s stock after selling 17,011 shares during the quarter. Franklin FTSE Japan ETF accounts for 0.7% of Avestar Capital LLC’s portfolio, making the stock its 23rd biggest holding. Avestar Capital LLC’s holdings in Franklin FTSE Japan ETF were worth $10,536,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of FLJP. Bank of Montreal Can grew its holdings in shares of Franklin FTSE Japan ETF by 288.0% in the second quarter. Bank of Montreal Can now owns 662,168 shares of the company’s stock worth $21,289,000 after purchasing an additional 491,525 shares during the last quarter. Cercano Management LLC purchased a new stake in Franklin FTSE Japan ETF in the 3rd quarter valued at about $13,791,000. Simon Quick Advisors LLC purchased a new stake in Franklin FTSE Japan ETF in the 2nd quarter valued at about $8,015,000. Abich Financial Wealth Management LLC bought a new position in Franklin FTSE Japan ETF in the 3rd quarter worth about $5,563,000. Finally, MMA Asset Management LLC purchased a new position in shares of Franklin FTSE Japan ETF during the second quarter worth approximately $4,716,000.

Franklin FTSE Japan ETF Stock Performance

Franklin FTSE Japan ETF stock opened at $39.13 on Thursday. The company has a market capitalization of $2.89 billion, a PE ratio of 14.28 and a beta of 0.65. The company has a 50 day moving average price of $36.43 and a 200-day moving average price of $35.39. Franklin FTSE Japan ETF has a fifty-two week low of $25.77 and a fifty-two week high of $40.22.

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.