Impact Partnership Wealth LLC Increases Stock Holdings in Franklin FTSE Japan ETF $FLJP

Impact Partnership Wealth LLC increased its holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 13.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 297,414 shares of the company’s stock after buying an additional 35,274 shares during the quarter. Franklin FTSE Japan ETF accounts for about 1.5% of Impact Partnership Wealth LLC’s investment portfolio, making the stock its 16th largest position. Impact Partnership Wealth LLC’s holdings in Franklin FTSE Japan ETF were worth $10,279,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of FLJP. Northwestern Mutual Wealth Management Co. lifted its holdings in Franklin FTSE Japan ETF by 29.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,899 shares of the company’s stock valued at $93,000 after purchasing an additional 653 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in Franklin FTSE Japan ETF by 385.7% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,400 shares of the company’s stock worth $109,000 after buying an additional 2,700 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in Franklin FTSE Japan ETF in the 2nd quarter worth $184,000. Sowell Financial Services LLC bought a new stake in Franklin FTSE Japan ETF during the third quarter valued at about $209,000. Finally, Kingsview Wealth Management LLC bought a new position in shares of Franklin FTSE Japan ETF in the second quarter worth about $237,000.

Franklin FTSE Japan ETF Price Performance

Shares of FLJP opened at $36.70 on Friday. Franklin FTSE Japan ETF has a 1 year low of $25.77 and a 1 year high of $36.80. The company has a 50 day simple moving average of $35.59 and a two-hundred day simple moving average of $34.70. The firm has a market cap of $2.71 billion, a P/E ratio of 14.28 and a beta of 0.65.

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.