Franklin FTSE Taiwan ETF (NYSEARCA:FLTW – Get Free Report) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 11,934 shares, a decline of 98.3% from the May 31st total of 703,543 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 726,987 shares, the short-interest ratio is currently 0.0 days.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in FLTW. AIA Group Ltd grew 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. JPMorgan Chase & Co. lifted its stake in Franklin FTSE Taiwan ETF by 261.4% in the third quarter. JPMorgan Chase & Co. now owns 251,060 shares of the company’s stock valued at $14,745,000 after buying an additional 181,593 shares during the period. Kestra Private Wealth Services LLC acquired a new position in Franklin FTSE Taiwan ETF in the fourth quarter valued at approximately $443,000. Royal Bank of Canada boosted its holdings in shares of Franklin FTSE Taiwan ETF by 96.9% during the 1st quarter. Royal Bank of Canada now owns 60,933 shares of the company’s stock worth $4,150,000 after buying an additional 29,988 shares in the last quarter. Finally, Bank of Nova Scotia boosted its holdings in shares of Franklin FTSE Taiwan ETF by 1.9% during the 1st quarter. Bank of Nova Scotia now owns 59,030 shares of the company’s stock worth $4,021,000 after buying an additional 1,100 shares in the last quarter.
Franklin FTSE Taiwan ETF Price Performance
Shares of FLTW traded up $0.31 during trading hours on Thursday, hitting $102.23. 67,029 shares of the stock were exchanged, compared to its average volume of 488,834. Franklin FTSE Taiwan ETF has a fifty-two week low of $51.94 and a fifty-two week high of $110.32. The business has a 50-day moving average of $94.13 and a 200-day moving average of $76.40. The firm has a market capitalization of $2.81 billion, a P/E ratio of 17.84 and a beta of 1.11.
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.
Featured Articles
- Five stocks we like better than Franklin FTSE Taiwan ETF
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Receive News & Ratings for Franklin FTSE Taiwan ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin FTSE Taiwan ETF and related companies with MarketBeat.com's FREE daily email newsletter.
