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

Shares of Franklin FTSE Taiwan ETF (NYSEARCA:FLTWGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 853,836 shares traded hands during mid-day trading, an increase of 72% from the previous session’s volume of 496,571 shares.The stock last traded at $97.29 and had previously closed at $92.96.

Franklin FTSE Taiwan ETF Stock Up 3.9%

The company’s fifty day moving average is $99.68 and its 200 day moving average is $83.29. The firm has a market cap of $2.80 billion, a price-to-earnings ratio of 17.84 and a beta of 1.10.

Hedge Funds Weigh In On Franklin FTSE Taiwan ETF

A number of large investors have recently modified their holdings of the business. Kestra Private Wealth Services LLC boosted its holdings in shares of Franklin FTSE Taiwan ETF by 1.8% in the 1st quarter. Kestra Private Wealth Services LLC now owns 7,406 shares of the company’s stock valued at $504,000 after buying an additional 131 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased 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 during the last quarter. Bank of Nova Scotia increased its holdings in Franklin FTSE Taiwan ETF by 1.9% during the first quarter. Bank of Nova Scotia now owns 59,030 shares of the company’s stock worth $4,021,000 after buying an additional 1,100 shares during the last quarter. BOCHK Asset Management Ltd bought a new stake in Franklin FTSE Taiwan ETF during the fourth quarter worth $86,000. Finally, Bank of America Corp DE raised its position 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 in the last quarter.

About Franklin FTSE Taiwan ETF

(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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