Heck Capital Advisors LLC Invests $5.22 Million in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Heck Capital Advisors LLC acquired a new stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 182,453 shares of the company’s stock, valued at approximately $5,220,000.

Other hedge funds also recently added to or reduced their stakes in the company. Clean Yield Group acquired a new stake in shares of Franklin FTSE Japan ETF during the fourth quarter valued at about $50,000. Venturi Wealth Management LLC acquired a new stake in Franklin FTSE Japan ETF in the 3rd quarter valued at approximately $58,000. Northwestern Mutual Wealth Management Co. raised its position in Franklin FTSE Japan ETF by 38.5% in the second 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 period. Eagle Bay Advisors LLC lifted its stake in Franklin FTSE Japan ETF by 90.8% during the third quarter. Eagle Bay Advisors LLC now owns 2,480 shares of the company’s stock worth $75,000 after purchasing an additional 1,180 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Franklin FTSE Japan ETF during the third quarter worth $171,000.

Franklin FTSE Japan ETF Trading Down 1.2 %

Shares of NYSEARCA FLJP opened at $29.11 on Friday. The stock has a market capitalization of $1.89 billion, a PE ratio of 14.01 and a beta of 0.75. Franklin FTSE Japan ETF has a twelve month low of $25.74 and a twelve month high of $31.30. The stock has a fifty day simple moving average of $28.90 and a 200-day simple moving average of $29.23.

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.