Connable Office Inc. Lowers Holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Connable Office Inc. trimmed its position in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 0.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 255,706 shares of the company’s stock after selling 2,038 shares during the period. Franklin FTSE Japan ETF makes up about 0.8% of Connable Office Inc.’s holdings, making the stock its 23rd biggest position. Connable Office Inc.’s holdings in Franklin FTSE Japan ETF were worth $7,316,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. US Bancorp DE grew its position in Franklin FTSE Japan ETF by 122.0% in the 4th quarter. US Bancorp DE now owns 957 shares of the company’s stock valued at $27,000 after buying an additional 526 shares during the last quarter. New York Life Investment Management LLC purchased a new position in Franklin FTSE Japan ETF in the 4th quarter valued at $304,000. Wealthspire Advisors LLC purchased a new position in Franklin FTSE Japan ETF in the 4th quarter valued at $250,000. Private Advisor Group LLC grew its position in Franklin FTSE Japan ETF by 25.6% in the 4th quarter. Private Advisor Group LLC now owns 11,290 shares of the company’s stock valued at $323,000 after buying an additional 2,301 shares during the last quarter. Finally, Opes Wealth Management LLC grew its position in Franklin FTSE Japan ETF by 3.5% in the 4th quarter. Opes Wealth Management LLC now owns 166,900 shares of the company’s stock valued at $4,775,000 after buying an additional 5,666 shares during the last quarter.

Franklin FTSE Japan ETF Price Performance

NYSEARCA:FLJP opened at $29.21 on Friday. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 14.01 and a beta of 0.75. Franklin FTSE Japan ETF has a 1-year low of $25.74 and a 1-year high of $31.30. The firm’s fifty day moving average price is $28.88 and its 200 day moving average price is $29.32.

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.