Alaska Permanent Fund Corp Buys 68,000 Shares of Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Alaska Permanent Fund Corp boosted its stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 13.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 580,000 shares of the company’s stock after purchasing an additional 68,000 shares during the period. Alaska Permanent Fund Corp owned about 0.90% of Franklin FTSE Japan ETF worth $17,644,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Eagle Bay Advisors LLC bought a new position in shares of Franklin FTSE Japan ETF during the first quarter valued at $40,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of 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 acquiring an additional 657 shares during the last quarter. O Shaughnessy Asset Management LLC raised its stake in shares of Franklin FTSE Japan ETF by 11.7% during the first quarter. O Shaughnessy Asset Management LLC now owns 7,735 shares of the company’s stock valued at $240,000 after acquiring an additional 808 shares during the last quarter. Saxon Interests Inc. bought a new position in shares of Franklin FTSE Japan ETF during the first quarter valued at $284,000. Finally, Farther Finance Advisors LLC bought a new position in shares of Franklin FTSE Japan ETF during the second quarter valued at $412,000.

Franklin FTSE Japan ETF Stock Performance

FLJP stock opened at $28.46 on Thursday. The company has a fifty day moving average price of $29.94 and a 200-day moving average price of $29.56. The company has a market capitalization of $1.84 billion, a P/E ratio of 14.01 and a beta of 0.75. Franklin FTSE Japan ETF has a 52-week low of $25.10 and a 52-week high of $31.30.

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.