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 Price Performance

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

Hedge Funds Weigh In On Franklin FTSE Taiwan ETF

A hedge fund recently bought a new stake in Franklin FTSE Taiwan ETF stock. Boltwood Capital Management bought a new position in shares of Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 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 at the end of the most recent quarter.

About Franklin FTSE Taiwan ETF

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.