Royal Bank of Canada Has $6.99 Million Holdings in Franklin FTSE Japan ETF $FLJP

Royal Bank of Canada lessened its stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 35.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 193,306 shares of the company’s stock after selling 107,276 shares during the quarter. Royal Bank of Canada owned about 0.21% of Franklin FTSE Japan ETF worth $6,994,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Mittelman Wealth Management increased its stake in shares of Franklin FTSE Japan ETF by 0.4% in the 1st quarter. Mittelman Wealth Management now owns 102,476 shares of the company’s stock valued at $3,708,000 after acquiring an additional 368 shares during the last quarter. Morningstar Investment Management LLC bought a new stake in Franklin FTSE Japan ETF in the first quarter valued at approximately $11,886,000. Cetera Investment Advisers increased its stake in Franklin FTSE Japan ETF by 97.0% in the first quarter. Cetera Investment Advisers now owns 85,956 shares of the company’s stock valued at $3,110,000 after purchasing an additional 42,313 shares in the last quarter. Paces Ferry Wealth Advisors LLC raised its holdings in Franklin FTSE Japan ETF by 2.8% in the first quarter. Paces Ferry Wealth Advisors LLC now owns 11,381 shares of the company’s stock worth $412,000 after purchasing an additional 312 shares during the period. Finally, Wealthfront Advisers LLC raised its holdings in Franklin FTSE Japan ETF by 48.4% in the first quarter. Wealthfront Advisers LLC now owns 25,109 shares of the company’s stock worth $908,000 after purchasing an additional 8,189 shares during the period.

Franklin FTSE Japan ETF Stock Up 0.2%

Shares of NYSEARCA FLJP opened at $40.99 on Wednesday. Franklin FTSE Japan ETF has a twelve month low of $33.42 and a twelve month high of $41.53. The stock has a market cap of $4.06 billion, a price-to-earnings ratio of 14.28 and a beta of 0.66. The company’s fifty day moving average is $39.78 and its 200-day moving average is $38.53.

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.