Park Avenue Securities LLC purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL – Free Report) during the third quarter, Holdings Channel.com reports. The fund purchased 11,327 shares of the company’s stock, valued at approximately $888,000.
A number of other institutional investors also recently modified their holdings of FLQL. Citizens Financial Group Inc. RI bought a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF in the third quarter worth $306,000. Sowell Financial Services LLC bought a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF during the third quarter valued at about $281,000. Brookstone Capital Management purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the third quarter worth about $14,794,000. Guardian Asset Advisors LLC purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the third quarter worth about $2,201,000. Finally, Howard Capital Management LLC boosted its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 4.3% in the third quarter. Howard Capital Management LLC now owns 251,288 shares of the company’s stock valued at $19,708,000 after acquiring an additional 10,313 shares during the period.
Franklin U.S. Large Cap Multifactor Index ETF Trading Up 0.5%
FLQL stock opened at $76.12 on Wednesday. The firm has a 50 day moving average of $78.44 and a 200-day moving average of $75.27. Franklin U.S. Large Cap Multifactor Index ETF has a 12 month low of $65.30 and a 12 month high of $81.55. The firm has a market capitalization of $1.85 billion, a P/E ratio of 24.11 and a beta of 0.95.
Franklin U.S. Large Cap Multifactor Index ETF Company Profile
The Franklin U.S. Large Cap Multifactor Index ETF (FLQL) is an exchange-traded fund that is based on the LibertyQ US Large Cap Equity index. The fund tracks a multi-factor US large-cap index. Stocks are selected and weighted based on a combination of quality, value, momentum, and low-volatility factors. FLQL was launched on Apr 26, 2017 and is managed by Franklin Templeton.
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