328,512 Shares in Franklin FTSE Japan ETF $FLJP Bought by Morningstar Investment Management LLC

Morningstar Investment Management LLC purchased a new position in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 328,512 shares of the company’s stock, valued at approximately $11,886,000. Franklin FTSE Japan ETF makes up about 0.7% of Morningstar Investment Management LLC’s portfolio, making the stock its 22nd biggest holding.

A number of other large investors have also recently added to or reduced their stakes in FLJP. Blair William & Co. IL grew its position in shares of Franklin FTSE Japan ETF by 2.6% in the 4th quarter. Blair William & Co. IL now owns 9,991 shares of the company’s stock valued at $344,000 after acquiring an additional 256 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of Franklin FTSE Japan ETF by 5.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,968 shares of the company’s stock valued at $171,000 after purchasing an additional 266 shares during the period. Wilmington Savings Fund Society FSB lifted its stake in Franklin FTSE Japan ETF by 3.9% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 7,936 shares of the company’s stock valued at $274,000 after purchasing an additional 300 shares during the last quarter. Paces Ferry Wealth Advisors LLC lifted its stake in Franklin FTSE Japan ETF by 2.8% in the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 11,381 shares of the company’s stock valued at $412,000 after purchasing an additional 312 shares during the last quarter. Finally, Clear Creek Financial Management LLC grew its holdings in Franklin FTSE Japan ETF by 0.8% during the fourth quarter. Clear Creek Financial Management LLC now owns 41,435 shares of the company’s stock worth $1,427,000 after purchasing an additional 343 shares during the period.

Franklin FTSE Japan ETF Stock Performance

Franklin FTSE Japan ETF stock opened at $38.96 on Friday. The stock has a 50-day simple moving average of $39.65 and a 200 day simple moving average of $38.18. The stock has a market capitalization of $3.93 billion, a P/E ratio of 14.28 and a beta of 0.65. Franklin FTSE Japan ETF has a 52 week low of $31.59 and a 52 week high of $41.53.

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.