Avestar Capital LLC Raises Position in Franklin FTSE Japan ETF $FLJP

Avestar Capital LLC boosted its position in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 4.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 319,860 shares of the company’s stock after acquiring an additional 14,989 shares during the period. Franklin FTSE Japan ETF accounts for 0.7% of Avestar Capital LLC’s investment portfolio, making the stock its 24th biggest position. Avestar Capital LLC’s holdings in Franklin FTSE Japan ETF were worth $11,019,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FLJP. PNC Financial Services Group Inc. grew its holdings in Franklin FTSE Japan ETF by 5.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,968 shares of the company’s stock worth $171,000 after purchasing an additional 266 shares during the period. Wilmington Savings Fund Society FSB boosted its position in shares of 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 worth $274,000 after purchasing an additional 300 shares in the last quarter. Paces Ferry Wealth Advisors LLC grew its stake in shares of Franklin FTSE Japan ETF by 3.3% in the 3rd quarter. Paces Ferry Wealth Advisors LLC now owns 10,600 shares of the company’s stock worth $366,000 after buying an additional 340 shares during the last quarter. Clear Creek Financial Management LLC increased its position in Franklin FTSE Japan ETF by 0.8% during the 4th quarter. Clear Creek Financial Management LLC now owns 41,435 shares of the company’s stock valued at $1,427,000 after buying an additional 343 shares in the last quarter. Finally, Altman Advisors Inc. increased its position in Franklin FTSE Japan ETF by 0.6% during the 3rd quarter. Altman Advisors Inc. now owns 57,786 shares of the company’s stock valued at $1,997,000 after buying an additional 354 shares in the last quarter.

Franklin FTSE Japan ETF Trading Up 0.3%

Shares of NYSEARCA:FLJP opened at $40.04 on Thursday. The stock has a fifty day simple moving average of $38.11 and a two-hundred day simple moving average of $37.03. Franklin FTSE Japan ETF has a 12-month low of $30.54 and a 12-month high of $40.22. The stock has a market capitalization of $3.70 billion, a price-to-earnings ratio of 14.28 and a beta of 0.65.

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.