Almanack Investment Partners LLC. Cuts Holdings in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Almanack Investment Partners LLC. lowered its position in shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 38.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,055 shares of the company’s stock after selling 19,058 shares during the quarter. Almanack Investment Partners LLC.’s holdings in Franklin FTSE Japan ETF were worth $860,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Principal Financial Group Inc. grew its stake in Franklin FTSE Japan ETF by 386.3% in the 3rd quarter. Principal Financial Group Inc. now owns 346,156 shares of the company’s stock valued at $10,530,000 after purchasing an additional 274,974 shares during the period. Northwestern Mutual Wealth Management Co. grew its position 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 valued at $68,000 after buying an additional 657 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new stake in Franklin FTSE Japan ETF during the third quarter worth about $555,000. Cerity Partners LLC raised its position in Franklin FTSE Japan ETF by 13.8% in the third quarter. Cerity Partners LLC now owns 16,848 shares of the company’s stock worth $513,000 after acquiring an additional 2,047 shares during the period. Finally, Opes Wealth Management LLC boosted its stake in Franklin FTSE Japan ETF by 3.6% in the third quarter. Opes Wealth Management LLC now owns 161,234 shares of the company’s stock valued at $4,905,000 after acquiring an additional 5,629 shares during the last quarter.

Franklin FTSE Japan ETF Stock Down 1.3 %

Franklin FTSE Japan ETF stock opened at $29.19 on Friday. The company has a market capitalization of $1.89 billion, a P/E ratio of 14.01 and a beta of 0.75. The firm has a 50 day moving average price of $28.93 and a 200-day moving average price of $29.21. Franklin FTSE Japan ETF has a twelve month low of $25.74 and a twelve month high of $31.30.

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.