Principal Financial Group Inc. Lowers Position in Franklin FTSE Taiwan ETF $FLTW

Principal Financial Group Inc. trimmed its position in shares of Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) by 18.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 849,605 shares of the company’s stock after selling 193,923 shares during the quarter. Principal Financial Group Inc. owned 0.08% of Franklin FTSE Taiwan ETF worth $49,897,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Bare Financial Services Inc lifted its position in shares of Franklin FTSE Taiwan ETF by 690.1% during the second quarter. Bare Financial Services Inc now owns 719 shares of the company’s stock valued at $38,000 after purchasing an additional 628 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Franklin FTSE Taiwan ETF in the 2nd quarter worth approximately $54,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of Franklin FTSE Taiwan ETF during the second quarter valued at approximately $140,000. EverSource Wealth Advisors LLC increased its position in shares of Franklin FTSE Taiwan ETF by 1,084.5% during the second quarter. EverSource Wealth Advisors LLC now owns 5,567 shares of the company’s stock valued at $291,000 after acquiring an additional 5,097 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Franklin FTSE Taiwan ETF by 31.0% during the second quarter. Bank of America Corp DE now owns 9,799 shares of the company’s stock worth $511,000 after acquiring an additional 2,321 shares during the period.

Franklin FTSE Taiwan ETF Price Performance

Shares of NYSEARCA:FLTW opened at $65.86 on Thursday. Franklin FTSE Taiwan ETF has a 1 year low of $35.82 and a 1 year high of $69.48. The company has a market capitalization of $717.87 million, a PE ratio of 17.84 and a beta of 0.94. The business has a fifty day moving average price of $62.74 and a two-hundred day moving average price of $59.50.

Franklin FTSE Taiwan ETF 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.