Leavell Investment Management Inc. Acquires 17,690 Shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Leavell Investment Management Inc. lifted its holdings in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 31.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 74,357 shares of the company’s stock after purchasing an additional 17,690 shares during the quarter. Leavell Investment Management Inc.’s holdings in Franklin FTSE Japan ETF were worth $2,262,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FLJP. Northwestern Mutual Wealth Management Co. grew its stake in Franklin FTSE Japan ETF by 38.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,362 shares of the company’s stock worth $68,000 after buying an additional 657 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Franklin FTSE Japan ETF during the 3rd quarter worth approximately $555,000. NewEdge Advisors LLC boosted its position in shares of Franklin FTSE Japan ETF by 30.0% during the 2nd quarter. NewEdge Advisors LLC now owns 189,117 shares of the company’s stock worth $5,439,000 after acquiring an additional 43,635 shares in the last quarter. Mittelman Wealth Management boosted its position in shares of Franklin FTSE Japan ETF by 4.2% during the 2nd quarter. Mittelman Wealth Management now owns 106,771 shares of the company’s stock worth $3,071,000 after acquiring an additional 4,340 shares in the last quarter. Finally, Comerica Bank increased its stake in Franklin FTSE Japan ETF by 3.9% in the first quarter. Comerica Bank now owns 23,168 shares of the company’s stock valued at $719,000 after acquiring an additional 879 shares during the last quarter.

Franklin FTSE Japan ETF Price Performance

Shares of FLJP opened at $29.42 on Friday. The firm has a 50 day simple moving average of $29.70 and a two-hundred day simple moving average of $29.49. Franklin FTSE Japan ETF has a one year low of $25.74 and a one year high of $31.30. The company has a market cap of $1.91 billion, a P/E ratio of 14.01 and a beta of 0.75.

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.