Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) Sees Large Volume Increase – Here’s Why

Franklin FTSE Taiwan ETF (NYSEARCA:FLTWGet Free Report) saw an uptick in trading volume on Wednesday . 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 Stock Performance

The company has a market capitalization of $2.96 billion, a PE ratio of 17.84 and a beta of 1.12. The firm’s 50-day simple moving average is $99.21 and its 200 day simple moving average is $85.24.

Institutional Trading of Franklin FTSE Taiwan ETF

Institutional investors have recently added to or reduced their stakes in the stock. Focus Financial Network Inc. purchased a new position in Franklin FTSE Taiwan ETF in the second quarter valued at about $280,000. EverSource Wealth Advisors LLC lifted its position in shares of Franklin FTSE Taiwan ETF by 64.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 9,030 shares of the company’s stock valued at $615,000 after acquiring an additional 3,544 shares during the period. Royal Bank of Canada boosted its stake 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 acquiring an additional 29,988 shares in the last quarter. Bank of Nova Scotia boosted its stake 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 acquiring an additional 1,100 shares in the last quarter. Finally, Wealthfront Advisers LLC acquired a new stake in shares of Franklin FTSE Taiwan ETF in the 1st quarter worth approximately $233,000.

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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