Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) Sees Strong Trading Volume – What’s Next?

Shares of Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) saw unusually-high trading volume on Wednesday . Approximately 519,243 shares traded hands during mid-day trading, an increase of 3% from the previous session’s volume of 505,769 shares.The stock last traded at $102.58 and had previously closed at $100.41.

Franklin FTSE Taiwan ETF Trading Up 1.9%

The firm has a market capitalization of $2.92 billion, a P/E ratio of 17.84 and a beta of 1.12. The business’s fifty day moving average is $99.28 and its 200 day moving average is $84.72.

Institutional Trading of Franklin FTSE Taiwan ETF

Institutional investors have recently made changes to their positions in the business. Kestra Private Wealth Services LLC acquired a new stake in Franklin FTSE Taiwan ETF in the 4th quarter valued at $443,000. Innealta Capital LLC lifted its holdings 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. Principal Financial Group Inc. boosted its stake in shares of 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 purchasing an additional 197,716 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Franklin FTSE Taiwan ETF by 12.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,662 shares of the company’s stock worth $284,000 after purchasing an additional 517 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Franklin FTSE Taiwan ETF by 64.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 9,030 shares of the company’s stock worth $615,000 after purchasing an additional 3,544 shares during the last quarter.

Franklin FTSE Taiwan ETF Company Profile

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.