Hennion & Walsh Asset Management Inc. Acquires 18,062 Shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Hennion & Walsh Asset Management Inc. raised its holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 3.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 531,301 shares of the company’s stock after buying an additional 18,062 shares during the period. Franklin FTSE Japan ETF comprises about 0.7% of Hennion & Walsh Asset Management Inc.’s holdings, making the stock its 23rd largest position. Hennion & Walsh Asset Management Inc. owned approximately 0.82% of Franklin FTSE Japan ETF worth $15,201,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Thrivent Financial for Lutherans bought a new position in shares of Franklin FTSE Japan ETF during the second quarter valued at about $23,592,000. Benjamin Edwards Inc. grew its position in shares of Franklin FTSE Japan ETF by 1,946.8% during the 3rd quarter. Benjamin Edwards Inc. now owns 678,097 shares of the company’s stock valued at $20,626,000 after acquiring an additional 644,968 shares during the period. Arvest Bank Trust Division purchased a new stake in shares of Franklin FTSE Japan ETF during the 3rd quarter worth approximately $15,919,000. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Franklin FTSE Japan ETF by 186.0% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 605,192 shares of the company’s stock worth $17,406,000 after purchasing an additional 393,577 shares during the period. Finally, EP Wealth Advisors LLC purchased a new position in Franklin FTSE Japan ETF in the third quarter valued at approximately $10,559,000.

Franklin FTSE Japan ETF Price Performance

NYSEARCA:FLJP opened at $28.21 on Thursday. The company has a market capitalization of $1.83 billion, a P/E ratio of 14.01 and a beta of 0.75. The business has a fifty day simple moving average of $28.94 and a two-hundred day simple moving average of $29.28. Franklin FTSE Japan ETF has a 1 year low of $25.74 and a 1 year 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.