Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) Trading Down 0.7%

Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) shares fell 0.7% on Friday . The company traded as low as $50.74 and last traded at $50.90. 150,573 shares were traded during mid-day trading, an increase of 373% from the average session volume of 31,809 shares. The stock had previously closed at $51.26.

Franklin FTSE Taiwan ETF Stock Performance

The stock’s 50 day simple moving average is $47.13 and its two-hundred day simple moving average is $43.62. The firm has a market capitalization of $259.60 million, a PE ratio of 15.14 and a beta of 1.00.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Franklin FTSE Taiwan ETF stock. Boltwood Capital Management purchased a new position in shares of Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 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 reporting period.

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.