Rakuten Investment Management acquires shares of Franklin Resources

Rakuten Investment Management Inc. acquired a new position in Franklin Resources, Inc. during the second quarter. According to recent SEC filings, the institutional investor purchased 32,505 shares valued at approximately $1,078,000.

Other institutional movements regarding Franklin Resources include the California Public Employees Retirement System increasing its position by 52.2% in the second quarter, now holding 509,171 shares worth roughly $12,144,000. Additionally, Mirae Asset Global ETFs Holdings Ltd., Jones Financial Companies Lllp, and Woodline Partners LP reported increased stakes in the company during the first quarter.