Franklin FTSE Taiwan ETF (NYSEARCA:FLTW – Get Free Report) was down 0.8% on Monday. The company traded as low as $96.41 and last traded at $96.56. Approximately 193,781 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 504,354 shares. The stock had previously closed at $97.30.
Franklin FTSE Taiwan ETF Trading Down 0.8%
The firm’s fifty day moving average price is $106.04 and its 200-day moving average price is $90.14. The company has a market cap of $4.53 billion, a P/E ratio of 17.84 and a beta of 1.12.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of FLTW. Principal Financial Group Inc. boosted its position in Franklin FTSE Taiwan ETF by 27.5% in the 1st quarter. Principal Financial Group Inc. now owns 916,005 shares of the company’s stock valued at $62,389,000 after buying an additional 197,716 shares during the last quarter. Royal Bank of Canada raised its position in shares of Franklin FTSE Taiwan ETF by 96.9% during the first quarter. Royal Bank of Canada now owns 60,933 shares of the company’s stock worth $4,150,000 after acquiring an additional 29,988 shares during the last quarter. Bank of Nova Scotia lifted its stake in shares of Franklin FTSE Taiwan ETF by 1.9% during the first quarter. Bank of Nova Scotia now owns 59,030 shares of the company’s stock valued at $4,021,000 after acquiring an additional 1,100 shares during the period. Innealta Capital LLC lifted its stake in shares of Franklin FTSE Taiwan ETF by 49.4% during the first quarter. Innealta Capital LLC now owns 55,342 shares of the company’s stock valued at $3,769,000 after acquiring an additional 18,290 shares during the period. Finally, TD Waterhouse Canada Inc. boosted its holdings in Franklin FTSE Taiwan ETF by 0.9% in the third quarter. TD Waterhouse Canada Inc. now owns 47,839 shares of the company’s stock valued at $5,232,000 after acquiring an additional 407 shares during the last quarter.
About Franklin FTSE Taiwan ETF
The Franklin FTSE Taiwan ETF (FLTW) is an exchange-traded fund that is based on the FTSE Taiwan RIC Capped index, a market-cap-weighted index of Taiwanese companies, excluding small-caps. FLTW was launched on Nov 2, 2017 and is managed by Franklin Templeton.
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