Hennion & Walsh Asset Management Inc. Takes $15.56 Million Position in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Hennion & Walsh Asset Management Inc. purchased a new stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP) in the first quarter, according to its most recent filing with the SEC. The fund purchased 501,492 shares of the company’s stock, valued at approximately $15,561,000. Franklin FTSE Japan ETF comprises 0.8% of Hennion & Walsh Asset Management Inc.’s portfolio, making the stock its 15th biggest position.

Other institutional investors have also made changes to their positions in the company. Proquility Private Wealth Partners LLC grew its stake in Franklin FTSE Japan ETF by 19.1% during the 4th quarter. Proquility Private Wealth Partners LLC now owns 163,637 shares of the company’s stock worth $4,580,000 after buying an additional 26,297 shares during the last quarter. Kensington Asset Management LLC bought a new position in Franklin FTSE Japan ETF during the 4th quarter worth $3,865,000. Vontobel Holding Ltd. grew its stake in Franklin FTSE Japan ETF by 12.3% during the 4th quarter. Vontobel Holding Ltd. now owns 91,300 shares of the company’s stock worth $2,555,000 after buying an additional 10,000 shares during the last quarter. Arvest Investments Inc. bought a new position in Franklin FTSE Japan ETF during the 4th quarter worth $6,227,000. Finally, O Shaughnessy Asset Management LLC bought a new position in Franklin FTSE Japan ETF during the 3rd quarter worth $321,000.

Franklin FTSE Japan ETF Trading Up 0.8 %

FLJP traded up $0.23 during trading on Friday, reaching $28.76. 808,194 shares of the company were exchanged, compared to its average volume of 718,721. Franklin FTSE Japan ETF has a 52 week low of $25.10 and a 52 week high of $31.30. The firm has a 50 day moving average of $29.52 and a 200 day moving average of $29.36. The stock has a market cap of $1.86 billion, a P/E ratio of 14.01 and a beta of 0.75.

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.