Pinnacle Advisory Group Inc. Reduces Stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP)

Pinnacle Advisory Group Inc. lowered its stake in Franklin FTSE Japan ETF (NYSEARCA:FLJP) by 2.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 409,020 shares of the company’s stock after selling 9,618 shares during the period. Pinnacle Advisory Group Inc.’s holdings in Franklin FTSE Japan ETF were worth $10,201,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Morgan Stanley grew its position in Franklin FTSE Japan ETF by 71.3% in the second quarter. Morgan Stanley now owns 6,384 shares of the company’s stock worth $153,000 after acquiring an additional 2,657 shares in the last quarter. AGF Investments America Inc. boosted its position in shares of Franklin FTSE Japan ETF by 1.9% during the second quarter. AGF Investments America Inc. now owns 146,966 shares of the company’s stock valued at $3,530,000 after buying an additional 2,680 shares during the period. Toronto Dominion Bank boosted its position in shares of Franklin FTSE Japan ETF by 999.7% during the second quarter. Toronto Dominion Bank now owns 3,629 shares of the company’s stock valued at $87,000 after buying an additional 3,299 shares during the period. KCS Wealth Advisory boosted its position in shares of Franklin FTSE Japan ETF by 23.9% during the second quarter. KCS Wealth Advisory now owns 34,020 shares of the company’s stock valued at $817,000 after buying an additional 6,565 shares during the period. Finally, Morningstar Investment Services LLC boosted its position in shares of Franklin FTSE Japan ETF by 5.3% during the second quarter. Morningstar Investment Services LLC now owns 380,750 shares of the company’s stock valued at $9,146,000 after buying an additional 19,247 shares during the period.

Shares of NYSEARCA:FLJP traded down $0.10 during trading hours on Friday, hitting $25.16. 105 shares of the company’s stock traded hands, compared to its average volume of 82,409. Franklin FTSE Japan ETF has a 1 year low of $21.71 and a 1 year high of $25.47. The business has a fifty day moving average price of $24.64 and a 200-day moving average price of $24.12.

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Institutional Ownership by Quarter for Franklin FTSE Japan ETF (NYSEARCA:FLJP)

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