Franklin FTSE Japan ETF $FLJP Shares Bought by Paragon Capital Management Ltd

Paragon Capital Management Ltd raised its stake in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 45.4% in the third quarter, Holdings Channel.com reports. The fund owned 221,277 shares of the company’s stock after purchasing an additional 69,072 shares during the period. Franklin FTSE Japan ETF makes up approximately 1.5% of Paragon Capital Management Ltd’s investment portfolio, making the stock its 14th biggest position. Paragon Capital Management Ltd’s holdings in Franklin FTSE Japan ETF were worth $7,647,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of Montreal Can boosted its position in shares of Franklin FTSE Japan ETF by 288.0% during the 2nd quarter. Bank of Montreal Can now owns 662,168 shares of the company’s stock worth $21,289,000 after purchasing an additional 491,525 shares during the period. RiverFront Investment Group LLC raised its position in 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 during the period. AGF Management Ltd. lifted its stake in Franklin FTSE Japan ETF by 6.7% during the second quarter. AGF Management Ltd. now owns 430,131 shares of the company’s stock worth $13,829,000 after purchasing an additional 27,050 shares in the last quarter. Avestar Capital LLC purchased a new position in shares of Franklin FTSE Japan ETF during the second quarter worth $10,349,000. Finally, Steward Partners Investment Advisory LLC grew its stake in shares of Franklin FTSE Japan ETF by 0.5% in the second quarter. Steward Partners Investment Advisory LLC now owns 313,151 shares of the company’s stock valued at $10,068,000 after buying an additional 1,560 shares in the last quarter.

Franklin FTSE Japan ETF Trading Down 0.2%

FLJP opened at $34.59 on Thursday. The stock’s 50-day moving average price is $35.47 and its 200 day moving average price is $33.97. Franklin FTSE Japan ETF has a 12-month low of $25.77 and a 12-month high of $36.61. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of 14.28 and a beta of 0.65.

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.