Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) Stock Price Down 0% – Here’s Why

Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH)’s share price dropped 0% during trading on Wednesday . The company traded as low as $31.13 and last traded at $31.20. Approximately 23,435 shares were traded during mid-day trading, a decline of 15% from the average daily volume of 27,719 shares. The stock had previously closed at $31.20.

Franklin FTSE Japan Hedged ETF Price Performance

The firm has a fifty day simple moving average of $30.45 and a 200-day simple moving average of $30.85. The firm has a market cap of $55.71 million, a P/E ratio of 14.02 and a beta of 0.64.

Hedge Funds Weigh In On Franklin FTSE Japan Hedged ETF

Institutional investors have recently added to or reduced their stakes in the stock. WealthCare Investment Partners LLC lifted its stake in shares of Franklin FTSE Japan Hedged ETF by 19.5% during the 3rd quarter. WealthCare Investment Partners LLC now owns 118,677 shares of the company’s stock valued at $3,710,000 after buying an additional 19,327 shares in the last quarter. AIA Group Ltd bought a new position in shares of Franklin FTSE Japan Hedged ETF in the third quarter worth approximately $3,866,000. Finally, Private Advisor Group LLC bought a new stake in shares of Franklin FTSE Japan Hedged ETF during the 3rd quarter worth $1,035,000.

About Franklin FTSE Japan Hedged ETF

The Franklin FTSE Japan Hedged ETF (FLJH) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies in Japan. The fund is currency hedged for USD-based investors. FLJH was launched on Nov 2, 2017 and is managed by Franklin Templeton.