Hennion & Walsh Asset Management Inc. Raises Stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Hennion & Walsh Asset Management Inc. increased its stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 3.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 531,301 shares of the company’s stock after acquiring an additional 18,062 shares during the period. Franklin FTSE Japan ETF comprises approximately 0.7% of Hennion & Walsh Asset Management Inc.’s portfolio, making the stock its 23rd largest position. Hennion & Walsh Asset Management Inc.’s holdings in Franklin FTSE Japan ETF were worth $15,201,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Clean Yield Group purchased a new position in Franklin FTSE Japan ETF in the 4th quarter worth $50,000. Venturi Wealth Management LLC bought a new stake in shares of Franklin FTSE Japan ETF in the third quarter worth about $58,000. Northwestern Mutual Wealth Management Co. increased its holdings in Franklin FTSE Japan ETF by 38.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,362 shares of the company’s stock valued at $68,000 after purchasing an additional 657 shares during the period. Eagle Bay Advisors LLC raised its position in Franklin FTSE Japan ETF by 90.8% during the 3rd quarter. Eagle Bay Advisors LLC now owns 2,480 shares of the company’s stock valued at $75,000 after purchasing an additional 1,180 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Franklin FTSE Japan ETF in the 3rd quarter worth approximately $171,000.

Franklin FTSE Japan ETF Stock Performance

Shares of FLJP stock opened at $28.21 on Thursday. The firm has a market cap of $1.83 billion, a P/E ratio of 14.01 and a beta of 0.75. The business’s 50 day moving average price is $28.94 and its 200-day moving average price is $29.28. Franklin FTSE Japan ETF has a fifty-two week low of $25.74 and a fifty-two week 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.