Lakeshore Capital Group Inc. Lowers Stake in Franklin U.S. Large Cap Multifactor Index ETF $FLQL

Lakeshore Capital Group Inc. reduced its position in shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 1.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,049 shares of the company’s stock after selling 594 shares during the quarter. Franklin U.S. Large Cap Multifactor Index ETF accounts for approximately 2.0% of Lakeshore Capital Group Inc.’s investment portfolio, making the stock its 12th biggest holding. Lakeshore Capital Group Inc.’s holdings in Franklin U.S. Large Cap Multifactor Index ETF were worth $2,214,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Rossby Financial LCC purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 1st quarter worth about $50,000. IFP Advisors Inc raised its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 57.6% during the 1st quarter. IFP Advisors Inc now owns 1,206 shares of the company’s stock worth $68,000 after purchasing an additional 441 shares during the last quarter. Silver Oak Securities Incorporated acquired a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 1st quarter worth about $122,000. National Wealth Management Group LLC acquired a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 1st quarter worth about $284,000. Finally, WBI Investments LLC acquired a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 1st quarter worth about $288,000.

Franklin U.S. Large Cap Multifactor Index ETF Stock Up 16.8%

FLQL opened at $68.18 on Wednesday. Franklin U.S. Large Cap Multifactor Index ETF has a twelve month low of $48.65 and a twelve month high of $64.48. The company has a 50-day moving average price of $66.63 and a 200 day moving average price of $61.75. The company has a market cap of $1.65 billion, a PE 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.