Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) Trading Down 1.2%

Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH)’s stock price traded down 1.2% during trading on Wednesday . The company traded as low as $30.29 and last traded at $30.39. 39,957 shares were traded during mid-day trading, an increase of 40% from the average session volume of 28,490 shares. The stock had previously closed at $30.77.

Franklin FTSE Japan Hedged ETF Stock Performance

The stock has a market cap of $240.08 million, a P/E ratio of 13.59 and a beta of 0.62. The stock’s fifty day moving average is $30.44 and its 200 day moving average is $30.12.

Hedge Funds Weigh In On Franklin FTSE Japan Hedged ETF

Institutional investors have recently bought and sold shares of the business. Wallace Advisory Group LLC lifted its position in Franklin FTSE Japan Hedged ETF by 39.2% during the fourth quarter. Wallace Advisory Group LLC now owns 116,239 shares of the company’s stock valued at $3,045,000 after purchasing an additional 32,715 shares during the period. WealthCare Investment Partners LLC increased its holdings in Franklin FTSE Japan Hedged ETF by 53.5% in the fourth quarter. WealthCare Investment Partners LLC now owns 32,670 shares of the company’s stock valued at $881,000 after buying an additional 11,382 shares in the last quarter. Portside Wealth Group LLC increased its stake in shares of Franklin FTSE Japan Hedged ETF by 58.7% during the third quarter. Portside Wealth Group LLC now owns 212,485 shares of the company’s stock worth $6,712,000 after purchasing an additional 78,574 shares in the last quarter. Carnegie Capital Asset Management LLC purchased a new stake in shares of Franklin FTSE Japan Hedged ETF during the third quarter worth about $249,000. Finally, Sowell Financial Services LLC purchased a new stake in shares of Franklin FTSE Japan Hedged ETF during the third quarter worth about $326,000.

Franklin FTSE Japan Hedged ETF Company Profile

The Franklin FTSE Japan Hedged ETF (FLJH) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies in Japan. The fund is currency hedged for USD-based investors. FLJH was launched on Nov 2, 2017 and is managed by Franklin Templeton.