Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) Sets New 12-Month High – Time to Buy?

Shares of Franklin FTSE Taiwan ETF (NYSEARCA:FLTWGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $74.56 and last traded at $74.40, with a volume of 199494 shares. The stock had previously closed at $73.35.

Franklin FTSE Taiwan ETF Stock Performance

The stock has a market cap of $798.97 million, a P/E ratio of 17.84 and a beta of 0.94. The firm’s 50-day moving average is $66.21 and its two-hundred day moving average is $61.41.

Institutional Trading of Franklin FTSE Taiwan ETF

Institutional investors have recently bought and sold shares of the business. Bare Financial Services Inc lifted its stake in shares of Franklin FTSE Taiwan ETF by 690.1% in the 2nd quarter. Bare Financial Services Inc now owns 719 shares of the company’s stock valued at $38,000 after purchasing an additional 628 shares during the period. BOCHK Asset Management Ltd acquired a new position in Franklin FTSE Taiwan ETF in the fourth quarter valued at about $86,000. Elevation Point Wealth Partners LLC bought a new position in Franklin FTSE Taiwan ETF during the second quarter worth about $140,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Franklin FTSE Taiwan ETF by 297.8% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,145 shares of the company’s stock worth $243,000 after buying an additional 3,103 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Franklin FTSE Taiwan ETF by 1,084.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,567 shares of the company’s stock valued at $291,000 after acquiring an additional 5,097 shares during the last quarter.

Franklin FTSE Taiwan ETF Company Profile

(Get Free Report)

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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