Franklin FTSE Taiwan ETF (NYSEARCA:FLTW – Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $81.02 and last traded at $80.95, with a volume of 35390 shares changing hands. The stock had previously closed at $80.15.
Franklin FTSE Taiwan ETF Price Performance
The firm has a 50 day moving average of $70.85 and a two-hundred day moving average of $65.03. The stock has a market cap of $1.85 billion, a PE ratio of 17.84 and a beta of 0.96.
Institutional Investors Weigh In On Franklin FTSE Taiwan ETF
Institutional investors have recently added to or reduced their stakes in the business. AIA Group Ltd lifted its stake in Franklin FTSE Taiwan ETF by 37.3% during the third quarter. AIA Group Ltd now owns 33,600 shares of the company’s stock worth $1,973,000 after purchasing an additional 9,125 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Franklin FTSE Taiwan ETF by 261.4% during the third quarter. JPMorgan Chase & Co. now owns 251,060 shares of the company’s stock worth $14,745,000 after purchasing an additional 181,593 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake 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 purchasing an additional 3,103 shares during the last quarter. Bank of Nova Scotia lifted its stake in Franklin FTSE Taiwan ETF by 11.8% during the fourth quarter. Bank of Nova Scotia now owns 57,930 shares of the company’s stock worth $3,531,000 after purchasing an additional 6,100 shares during the last quarter. Finally, Vident Advisory LLC lifted its stake in Franklin FTSE Taiwan ETF by 593.3% during the fourth quarter. Vident Advisory LLC now owns 49,444 shares of the company’s stock worth $3,008,000 after purchasing an additional 42,312 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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