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

by · The Markets Daily

Franklin FTSE Taiwan ETF (NYSEARCA:FLTW – Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 1,344,102 shares were traded during trading, an increase of 176% from the previous session’s volume of 486,511 shares.The stock last traded at $104.55 and had previously closed at $105.35.

Franklin FTSE Taiwan ETF Price Performance

The stock has a market cap of $2.87 billion, a price-to-earnings ratio of 17.84 and a beta of 1.11. The stock’s 50-day moving average is $83.86 and its 200 day moving average is $71.58.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FLTW. AIA Group Ltd boosted its position in shares of Franklin FTSE Taiwan ETF by 37.3% during the 3rd 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 in the last quarter. JPMorgan Chase & Co. increased its holdings 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 in the last quarter. Kestra Private Wealth Services LLC acquired a new stake in shares of Franklin FTSE Taiwan ETF in the fourth quarter valued at about $443,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Franklin FTSE Taiwan ETF by 12.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,662 shares of the company’s stock worth $284,000 after buying an additional 517 shares in the last quarter. Finally, BOCHK Asset Management Ltd purchased a new position in Franklin FTSE Taiwan ETF in the fourth quarter valued at about $86,000.

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.

Further Reading