Main Management ETF Advisors LLC Cuts Stock Position in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Main Management ETF Advisors LLC lessened its holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 5.7% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 589,145 shares of the company’s stock after selling 35,850 shares during the period. Franklin FTSE Japan ETF accounts for approximately 0.8% of Main Management ETF Advisors LLC’s holdings, making the stock its 13th biggest position. Main Management ETF Advisors LLC owned about 0.91% of Franklin FTSE Japan ETF worth $17,922,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Franklin FTSE Japan ETF by 38.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,362 shares of the company’s stock valued at $68,000 after purchasing an additional 657 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of Franklin FTSE Japan ETF during the 3rd quarter valued at about $555,000. Principal Financial Group Inc. boosted its holdings in shares of Franklin FTSE Japan ETF by 386.3% during the 3rd quarter. Principal Financial Group Inc. now owns 346,156 shares of the company’s stock valued at $10,530,000 after purchasing an additional 274,974 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Franklin FTSE Japan ETF by 30.0% during the 2nd quarter. NewEdge Advisors LLC now owns 189,117 shares of the company’s stock valued at $5,439,000 after purchasing an additional 43,635 shares during the last quarter. Finally, Mittelman Wealth Management boosted its holdings in shares of Franklin FTSE Japan ETF by 4.2% during the 2nd quarter. Mittelman Wealth Management now owns 106,771 shares of the company’s stock valued at $3,071,000 after purchasing an additional 4,340 shares during the last quarter.

Franklin FTSE Japan ETF Stock Up 0.1 %

FLJP opened at $30.10 on Friday. The firm has a 50-day simple moving average of $29.39 and a two-hundred day simple moving average of $29.42. Franklin FTSE Japan ETF has a 52 week low of $25.74 and a 52 week high of $31.30. The company has a market capitalization of $1.95 billion, a PE ratio of 14.01 and a beta of 0.75.

Franklin FTSE Japan ETF Company 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.