Franklin FTSE Japan ETF $FLJP Stock Position Raised by Kensington Asset Management LLC

Kensington Asset Management LLC increased its position in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 38.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 166,439 shares of the company’s stock after purchasing an additional 46,267 shares during the period. Franklin FTSE Japan ETF comprises about 0.3% of Kensington Asset Management LLC’s investment portfolio, making the stock its 25th biggest holding. Kensington Asset Management LLC owned 0.24% of Franklin FTSE Japan ETF worth $5,752,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. BOS Asset Management LLC boosted its position in shares of Franklin FTSE Japan ETF by 3.6% in the third quarter. BOS Asset Management LLC now owns 8,527 shares of the company’s stock worth $295,000 after buying an additional 295 shares during the period. Wilmington Savings Fund Society FSB lifted its stake in Franklin FTSE Japan ETF by 3.9% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 7,936 shares of the company’s stock worth $274,000 after acquiring an additional 300 shares in the last quarter. Wealthfront Advisers LLC boosted its position in Franklin FTSE Japan ETF by 2.3% during the 2nd quarter. Wealthfront Advisers LLC now owns 15,481 shares of the company’s stock worth $498,000 after acquiring an additional 350 shares during the period. World Investment Advisors boosted its position in Franklin FTSE Japan ETF by 2.8% during the 2nd quarter. World Investment Advisors now owns 13,748 shares of the company’s stock worth $442,000 after acquiring an additional 379 shares during the period. Finally, Truist Financial Corp grew its stake in Franklin FTSE Japan ETF by 2.7% during the 3rd quarter. Truist Financial Corp now owns 16,404 shares of the company’s stock valued at $567,000 after acquiring an additional 439 shares in the last quarter.

Franklin FTSE Japan ETF Price Performance

NYSEARCA FLJP opened at $39.60 on Thursday. The firm has a market capitalization of $2.92 billion, a price-to-earnings ratio of 14.28 and a beta of 0.65. The company has a 50 day simple moving average of $36.75 and a 200-day simple moving average of $35.61. Franklin FTSE Japan ETF has a 52-week low of $25.77 and a 52-week high of $40.22.

Franklin FTSE Japan ETF Company 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.