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

by · The Markets Daily

Shares of Franklin FTSE Taiwan ETF (NYSEARCA:FLTW – Get Free Report) saw unusually-high trading volume on Wednesday. 585,782 shares traded hands during mid-day trading, an increase of 17% from the average daily volume of 502,176 shares. The stock last traded at $94.81 and had previously closed at $90.58.

Franklin FTSE Taiwan ETF Price Performance

The company’s 50-day moving average price is $104.49 and its two-hundred day moving average price is $90.87. The company has a market capitalization of $4.51 billion, a price-to-earnings ratio of 20.10 and a beta of 1.20.

Institutional Trading of Franklin FTSE Taiwan ETF

Hedge funds have recently bought and sold shares of the business. Harbour Investments Inc. purchased a new stake in Franklin FTSE Taiwan ETF in the 3rd quarter valued at about $264,000. Csenge Advisory Group purchased a new position in shares of Franklin FTSE Taiwan ETF in the 3rd quarter worth approximately $269,000. Focus Financial Network Inc. bought a new position in shares of Franklin FTSE Taiwan ETF in the second quarter valued at approximately $280,000. Sumitomo Mitsui DS Asset Management Company Ltd bought a new position in shares of Franklin FTSE Taiwan ETF in the third quarter valued at approximately $325,000. Finally, Wealthfront Advisers LLC purchased a new stake in shares of Franklin FTSE Taiwan ETF during the first quarter valued at 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.

Recommended Stories