Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) Trading Down 1.1%

Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) was down 1.1% on Monday . The company traded as low as $47.87 and last traded at $47.96. Approximately 6,849 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 46,561 shares. The stock had previously closed at $48.50.

Franklin FTSE Taiwan ETF Trading Down 1.1 %

The stock has a market cap of $244.60 million, a PE ratio of 15.14 and a beta of 1.00. The firm has a fifty day simple moving average of $47.95 and a two-hundred day simple moving average of $45.18.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Franklin FTSE Taiwan ETF stock. Boltwood Capital Management acquired a new position in Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) in the first quarter, according to its most recent filing 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 approximately 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.