Franklin FTSE Japan ETF (NYSEARCA:FLJP) Shares Sold by Confluence Investment Management LLC

Confluence Investment Management LLC reduced its position in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 41.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 174,192 shares of the company’s stock after selling 125,329 shares during the period. Confluence Investment Management LLC owned 0.27% of Franklin FTSE Japan ETF worth $4,984,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Principal Financial Group Inc. purchased a new position in shares of Franklin FTSE Japan ETF during the 2nd quarter worth $2,047,000. Farther Finance Advisors LLC acquired a new stake in shares of Franklin FTSE Japan ETF during the second quarter valued at about $412,000. Impact Partnership Wealth LLC raised its stake in shares of Franklin FTSE Japan ETF by 25.3% in the 2nd quarter. Impact Partnership Wealth LLC now owns 243,799 shares of the company’s stock valued at $7,012,000 after acquiring an additional 49,213 shares during the period. Opes Wealth Management LLC lifted its holdings in shares of Franklin FTSE Japan ETF by 21.9% in the 2nd quarter. Opes Wealth Management LLC now owns 155,605 shares of the company’s stock worth $4,475,000 after acquiring an additional 27,915 shares during the last quarter. Finally, Connable Office Inc. boosted its position in shares of Franklin FTSE Japan ETF by 2.2% during the 2nd quarter. Connable Office Inc. now owns 255,289 shares of the company’s stock worth $7,342,000 after purchasing an additional 5,550 shares during the period.

Franklin FTSE Japan ETF Stock Performance

Franklin FTSE Japan ETF stock opened at $28.57 on Friday. The firm has a 50 day moving average price of $29.05 and a 200 day moving average price of $29.30. Franklin FTSE Japan ETF has a fifty-two week low of $25.74 and a fifty-two week high of $31.30. The company has a market capitalization of $1.85 billion, a PE ratio of 14.01 and a beta of 0.75.

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.