HighTower Advisors LLC Increases Stock Holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

HighTower Advisors LLC grew its holdings in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 4.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,618 shares of the company’s stock after purchasing an additional 2,221 shares during the period. HighTower Advisors LLC’s holdings in Franklin FTSE Japan ETF were worth $1,477,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. AGF Management Ltd. boosted its holdings in Franklin FTSE Japan ETF by 3.7% in the fourth quarter. AGF Management Ltd. now owns 410,113 shares of the company’s stock valued at $11,733,000 after purchasing an additional 14,472 shares during the period. Raymond James Financial Inc. acquired a new stake in Franklin FTSE Japan ETF in the 4th quarter valued at about $9,878,000. Steward Partners Investment Advisory LLC boosted its stake in shares of Franklin FTSE Japan ETF by 5.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 261,617 shares of the company’s stock valued at $7,485,000 after buying an additional 12,395 shares during the period. US Bancorp DE grew its position in shares of Franklin FTSE Japan ETF by 122.0% during the fourth quarter. US Bancorp DE now owns 957 shares of the company’s stock worth $27,000 after buying an additional 526 shares in the last quarter. Finally, New York Life Investment Management LLC purchased a new stake in shares of Franklin FTSE Japan ETF during the fourth quarter worth approximately $304,000.

Franklin FTSE Japan ETF Trading Down 0.1 %

Shares of NYSEARCA:FLJP opened at $30.46 on Tuesday. Franklin FTSE Japan ETF has a 52 week low of $25.74 and a 52 week high of $31.15. The company’s 50 day moving average is $29.38 and its two-hundred day moving average is $29.33. The company has a market cap of $1.97 billion, a PE ratio of 14.50 and a beta of 0.63.

About Franklin FTSE Japan ETF

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.