Madison Asset Management LLC Sells 57,824 Shares of Franklin FTSE Japan ETF $FLJP

Madison Asset Management LLC lowered its position in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 21.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 215,330 shares of the company’s stock after selling 57,824 shares during the period. Madison Asset Management LLC’s holdings in Franklin FTSE Japan ETF were worth $7,791,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Franklin FTSE Japan ETF during the 4th quarter valued at $25,000. Sunbelt Securities Inc. boosted its holdings in Franklin FTSE Japan ETF by 475.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,150 shares of the company’s stock worth $40,000 after buying an additional 950 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in Franklin FTSE Japan ETF in the 4th quarter worth $41,000. Flagship Harbor Advisors LLC purchased a new stake in Franklin FTSE Japan ETF in the 4th quarter worth $59,000. Finally, Farther Finance Advisors LLC increased its stake in Franklin FTSE Japan ETF by 40.7% in the 4th quarter. Farther Finance Advisors LLC now owns 1,806 shares of the company’s stock worth $62,000 after buying an additional 522 shares in the last quarter.

Franklin FTSE Japan ETF Stock Up 2.2%

NYSEARCA:FLJP opened at $39.52 on Wednesday. The business’s 50-day simple moving average is $39.68 and its two-hundred day simple moving average is $38.11. The stock has a market cap of $3.98 billion, a PE ratio of 14.28 and a beta of 0.65. Franklin FTSE Japan ETF has a 52 week low of $31.32 and a 52 week high of $41.53.

Franklin FTSE Japan ETF 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.