Royal Bank of Canada Increases Stock Position in Franklin FTSE Taiwan ETF $FLTW

Royal Bank of Canada lifted its holdings in shares of Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) by 96.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,933 shares of the company’s stock after purchasing an additional 29,988 shares during the period. Royal Bank of Canada owned about 0.22% of Franklin FTSE Taiwan ETF worth $4,150,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Wealthfront Advisers LLC purchased a new stake in shares of Franklin FTSE Taiwan ETF during the first quarter worth about $233,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Franklin FTSE Taiwan ETF by 12.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,662 shares of the company’s stock valued at $284,000 after buying an additional 517 shares during the period. Kestra Private Wealth Services LLC acquired a new stake in Franklin FTSE Taiwan ETF during the fourth quarter worth approximately $443,000. Bank of America Corp DE boosted its position in Franklin FTSE Taiwan ETF by 31.0% during the second quarter. Bank of America Corp DE now owns 9,799 shares of the company’s stock worth $511,000 after acquiring an additional 2,321 shares during the last quarter. Finally, Bank of Nova Scotia grew its stake in Franklin FTSE Taiwan ETF by 35.6% in the 2nd quarter. Bank of Nova Scotia now owns 34,030 shares of the company’s stock worth $1,776,000 after acquiring an additional 8,940 shares during the period.

Franklin FTSE Taiwan ETF Stock Up 1.3%

Shares of NYSEARCA:FLTW opened at $103.78 on Friday. The company 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 52 week low of $52.92 and a 52 week high of $110.32. The business has a fifty day simple moving average of $99.21 and a 200-day simple moving average of $85.24.

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.