Westview Management dba Westview Investment Advisors Takes $4.63 Million Position in Franklin FTSE Japan ETF $FLJP

Westview Management dba Westview Investment Advisors bought a new position in Franklin FTSE Japan ETF (NYSEARCA:FLJP) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 134,441 shares of the company’s stock, valued at approximately $4,631,000. Franklin FTSE Japan ETF makes up 2.2% of Westview Management dba Westview Investment Advisors’ holdings, making the stock its 14th largest position. Westview Management dba Westview Investment Advisors owned 0.18% of Franklin FTSE Japan ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in Franklin FTSE Japan ETF by 4.2% in the 3rd quarter. Bank of America Corp DE now owns 11,836,372 shares of the company’s stock worth $409,065,000 after acquiring an additional 476,703 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Franklin FTSE Japan ETF by 0.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 661,806 shares of the company’s stock valued at $22,872,000 after acquiring an additional 2,046 shares during the last quarter. RiverFront Investment Group LLC grew its holdings in shares of Franklin FTSE Japan ETF by 3.0% in the second quarter. RiverFront Investment Group LLC now owns 632,962 shares of the company’s stock valued at $20,350,000 after purchasing an additional 18,435 shares in the last quarter. Cercano Management LLC bought a new stake in Franklin FTSE Japan ETF in the third quarter worth $13,791,000. Finally, Ameriprise Financial Inc. increased its position in Franklin FTSE Japan ETF by 35.0% in the third quarter. Ameriprise Financial Inc. now owns 336,449 shares of the company’s stock worth $11,619,000 after purchasing an additional 87,181 shares during the last quarter.

Franklin FTSE Japan ETF Stock Down 3.4%

FLJP stock opened at $34.74 on Monday. Franklin FTSE Japan ETF has a 52 week low of $25.77 and a 52 week high of $40.22. The firm has a market capitalization of $2.56 billion, a P/E ratio of 14.28 and a beta of 0.65. The company has a fifty day simple moving average of $37.43 and a two-hundred day simple moving average of $35.97.

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.