Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) Stock Price Down 0.6%

Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) dropped 0.6% on Tuesday . The company traded as low as $46.56 and last traded at $46.57. Approximately 14,824 shares changed hands during trading, a decline of 73% from the average daily volume of 54,568 shares. The stock had previously closed at $46.85.

Franklin FTSE Taiwan ETF Trading Down 0.6 %

The stock has a market capitalization of $237.48 million, a PE ratio of 15.14 and a beta of 1.00. The business has a fifty day moving average price of $47.25 and a 200-day moving average price of $45.75.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Franklin FTSE Taiwan ETF stock. Main Management ETF Advisors LLC increased its holdings in Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) by 1.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 193,510 shares of the company’s stock after purchasing an additional 3,700 shares during the quarter. Franklin FTSE Taiwan ETF accounts for 0.5% of Main Management ETF Advisors LLC’s investment portfolio, making the stock its 26th biggest position. Main Management ETF Advisors LLC owned 3.79% of Franklin FTSE Taiwan ETF worth $9,412,000 as of its most recent SEC filing.

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.