Csenge Advisory Group Makes New Investment in Franklin FTSE Asia ex Japan ETF $FLAX

Csenge Advisory Group bought a new position in shares of Franklin FTSE Asia ex Japan ETF (NYSEARCA:FLAX) during the fourth quarter, HoldingsChannel reports. The fund bought 244,991 shares of the company’s stock, valued at approximately $7,259,000. Csenge Advisory Group owned approximately 0.20% of Franklin FTSE Asia ex Japan ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of FLAX. Vivaldi Capital Management LP lifted its holdings in shares of Franklin FTSE Asia ex Japan ETF by 3.8% during the second quarter. Vivaldi Capital Management LP now owns 10,561 shares of the company’s stock worth $275,000 after purchasing an additional 389 shares during the period. Jane Street Group LLC lifted its holdings in Franklin FTSE Asia ex Japan ETF by 50.6% in the second quarter. Jane Street Group LLC now owns 61,897 shares of the company’s stock valued at $1,609,000 after buying an additional 20,806 shares during the period. Corient Private Wealth LLC raised its holdings in shares of Franklin FTSE Asia ex Japan ETF by 70.1% during the second quarter. Corient Private Wealth LLC now owns 39,673 shares of the company’s stock valued at $1,032,000 after purchasing an additional 16,350 shares during the period. Osaic Holdings Inc. acquired a new position in shares of Franklin FTSE Asia ex Japan ETF during the second quarter valued at about $46,000. Finally, PGIM Custom Harvest LLC raised its holdings in shares of Franklin FTSE Asia ex Japan ETF by 0.5% during the third quarter. PGIM Custom Harvest LLC now owns 167,838 shares of the company’s stock valued at $4,847,000 after purchasing an additional 855 shares during the period.

Franklin FTSE Asia ex Japan ETF Trading Down 0.2%

Shares of NYSEARCA FLAX opened at $35.44 on Tuesday. Franklin FTSE Asia ex Japan ETF has a 1-year low of $24.34 and a 1-year high of $37.06. The firm has a market capitalization of $49.62 million, a P/E ratio of 14.98 and a beta of 0.67. The firm’s 50-day moving average price is $32.89 and its 200-day moving average price is $31.53.

Franklin FTSE Asia ex Japan ETF Profile

The Franklin FTSE Asia ex Japan ETF (FLAX) is an exchange-traded fund that is based on the FTSE Asia ex Japan RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap stocks from developed and emerging Asian countries, excluding Japan. FLAX was launched on Feb 6, 2018 and is managed by Franklin Templeton.