Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) Trading 0.8% Higher

Shares of Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) traded up 0.8% during trading on Wednesday . The company traded as high as $42.09 and last traded at $41.77. 457,143 shares traded hands during mid-day trading, an increase of 1,811% from the average session volume of 23,926 shares. The stock had previously closed at $41.42.

Franklin FTSE Taiwan ETF Stock Performance

The firm has a market cap of $213.00 million, a price-to-earnings ratio of 14.15 and a beta of 0.97. The business’s 50 day moving average price is $42.75 and its 200-day moving average price is $40.32.

Institutional Investors Weigh In On Franklin FTSE Taiwan ETF

An institutional investor recently bought a new position in Franklin FTSE Taiwan ETF stock. Boltwood Capital Management acquired a new stake in shares of Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,750 shares of the company’s stock, valued at approximately $296,000. Boltwood Capital Management owned about 0.14% of Franklin FTSE Taiwan ETF as of its most recent SEC filing.

Franklin FTSE Taiwan ETF Company Profile

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.