Franklin FTSE Japan ETF (NYSEARCA:FLJP) Sees Strong Trading Volume

Franklin FTSE Japan ETF (NYSEARCA:FLJP) saw unusually-strong trading volume on Thursday . Approximately 1,362,270 shares were traded during mid-day trading, an increase of 129% from the previous session’s volume of 594,543 shares.The stock last traded at $29.01 and had previously closed at $29.45.

Franklin FTSE Japan ETF Stock Performance

The company’s 50-day moving average is $30.22 and its 200 day moving average is $28.43. The company has a market capitalization of $1.86 billion, a PE ratio of 13.40 and a beta of 0.72.

Institutional Trading of Franklin FTSE Japan ETF

Several institutional investors have recently bought and sold shares of FLJP. Cambridge Investment Research Advisors Inc. grew its position in Franklin FTSE Japan ETF by 55.4% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 179,057 shares of the company’s stock valued at $4,736,000 after purchasing an additional 63,829 shares during the last quarter. Wealth Management Solutions LLC grew its position in Franklin FTSE Japan ETF by 43.6% during the 3rd quarter. Wealth Management Solutions LLC now owns 11,513 shares of the company’s stock valued at $305,000 after purchasing an additional 3,498 shares during the last quarter. Sage Mountain Advisors LLC purchased a new stake in Franklin FTSE Japan ETF during the 3rd quarter valued at about $56,000. Portside Wealth Group LLC grew its position in Franklin FTSE Japan ETF by 79.3% during the 3rd quarter. Portside Wealth Group LLC now owns 195,730 shares of the company’s stock valued at $5,177,000 after purchasing an additional 86,547 shares during the last quarter. Finally, Matrix Trust Co grew its position in Franklin FTSE Japan ETF by 108.0% during the 3rd quarter. Matrix Trust Co now owns 5,421 shares of the company’s stock valued at $143,000 after purchasing an additional 2,815 shares during the last quarter.

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.