Franklin FTSE Taiwan ETF $FLTW Shares Acquired by Royal Bank of Canada

Royal Bank of Canada raised its position in Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) by 96.9% in the 1st quarter, Holdings Channel reports. The fund owned 60,933 shares of the company’s stock after purchasing an additional 29,988 shares during the period. Royal Bank of Canada’s holdings in Franklin FTSE Taiwan ETF were worth $4,150,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in FLTW. Bank of Nova Scotia grew its stake in Franklin FTSE Taiwan ETF by 1.9% during the 1st quarter. Bank of Nova Scotia now owns 59,030 shares of the company’s stock valued at $4,021,000 after purchasing an additional 1,100 shares in the last quarter. Wealthfront Advisers LLC acquired a new position in shares of Franklin FTSE Taiwan ETF in the 1st quarter valued at approximately $233,000. Principal Financial Group Inc. boosted its stake in shares of Franklin FTSE Taiwan ETF by 27.5% during the 1st quarter. Principal Financial Group Inc. now owns 916,005 shares of the company’s stock valued at $62,389,000 after buying an additional 197,716 shares during the last quarter. Innealta Capital LLC boosted its stake in shares of Franklin FTSE Taiwan ETF by 49.4% during the 1st quarter. Innealta Capital LLC now owns 55,342 shares of the company’s stock valued at $3,769,000 after buying an additional 18,290 shares during the last quarter. Finally, Kestra Private Wealth Services LLC grew its position in shares of Franklin FTSE Taiwan ETF by 1.8% during the first quarter. Kestra Private Wealth Services LLC now owns 7,406 shares of the company’s stock worth $504,000 after buying an additional 131 shares in the last quarter.

Franklin FTSE Taiwan ETF Price Performance

Shares of FLTW stock opened at $103.78 on Friday. The firm has a fifty day moving average of $99.21 and a two-hundred day moving average of $85.24. The firm has a market cap of $2.96 billion, a P/E ratio of 17.84 and a beta of 1.12. Franklin FTSE Taiwan ETF has a 1-year low of $52.92 and a 1-year high of $110.32.

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.