Kensington Asset Management LLC Sells 232,640 Shares of Franklin FTSE Japan ETF $FLJP

Kensington Asset Management LLC decreased its position in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 74.2% during the first quarter, according to its most recent filing with the SEC. The firm owned 80,941 shares of the company’s stock after selling 232,640 shares during the period. Kensington Asset Management LLC owned about 0.09% of Franklin FTSE Japan ETF worth $2,928,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Franklin FTSE Japan ETF during the fourth quarter valued at approximately $25,000. Sunbelt Securities Inc. grew its stake in Franklin FTSE Japan ETF by 475.0% in the third quarter. Sunbelt Securities Inc. now owns 1,150 shares of the company’s stock worth $40,000 after purchasing an additional 950 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in Franklin FTSE Japan ETF in the fourth quarter worth $41,000. Flagship Harbor Advisors LLC bought a new position in Franklin FTSE Japan ETF in the fourth quarter worth $59,000. Finally, Farther Finance Advisors LLC raised its holdings in Franklin FTSE Japan ETF by 40.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,806 shares of the company’s stock worth $62,000 after purchasing an additional 522 shares in the last quarter.

Franklin FTSE Japan ETF Trading Down 1.0%

Shares of Franklin FTSE Japan ETF stock opened at $39.38 on Friday. Franklin FTSE Japan ETF has a 12 month low of $31.59 and a 12 month high of $41.53. The firm has a market capitalization of $3.90 billion, a P/E ratio of 14.28 and a beta of 0.65. The business has a fifty day simple moving average of $39.65 and a two-hundred day simple moving average of $38.30.

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.