Principal Financial Group Inc. Has $62.39 Million Position in Franklin FTSE Taiwan ETF $FLTW

Principal Financial Group Inc. boosted its holdings in Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) by 27.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 916,005 shares of the company’s stock after acquiring an additional 197,716 shares during the quarter. Principal Financial Group Inc.’s holdings in Franklin FTSE Taiwan ETF were worth $62,389,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. 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 period. Kestra Private Wealth Services LLC bought a new stake in shares of Franklin FTSE Taiwan ETF in the 4th quarter valued at approximately $443,000. JPMorgan Chase & Co. grew its stake in shares of Franklin FTSE Taiwan ETF by 261.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 251,060 shares of the company’s stock valued at $14,745,000 after purchasing an additional 181,593 shares during the period. Innealta Capital LLC raised its holdings in shares of Franklin FTSE Taiwan ETF by 49.4% in the 1st quarter. Innealta Capital LLC now owns 55,342 shares of the company’s stock worth $3,769,000 after buying an additional 18,290 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of Franklin FTSE Taiwan ETF by 281.4% in the 4th quarter. Jane Street Group LLC now owns 596,465 shares of the company’s stock worth $36,289,000 after buying an additional 440,060 shares in the last quarter.

Franklin FTSE Taiwan ETF Price Performance

Franklin FTSE Taiwan ETF stock opened at $96.28 on Friday. The company has a market capitalization of $2.89 billion, a PE ratio of 17.84 and a beta of 1.10. Franklin FTSE Taiwan ETF has a one year low of $52.92 and a one year high of $110.32. The business has a 50 day simple moving average of $99.30 and a 200 day simple moving average of $80.70.

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.