Steward Partners Investment Advisory LLC Has $801,000 Stock Holdings in Franklin Systematic Style Premia ETF $FLSP

Steward Partners Investment Advisory LLC raised its position in Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) by 78.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,222 shares of the company’s stock after purchasing an additional 14,623 shares during the quarter. Steward Partners Investment Advisory LLC owned 0.23% of Franklin Systematic Style Premia ETF worth $801,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. acquired a new position in Franklin Systematic Style Premia ETF during the first quarter valued at approximately $47,000. Private Trust Co. NA bought a new position in Franklin Systematic Style Premia ETF during the second quarter worth about $63,000. Ameritas Advisory Services LLC acquired a new position in shares of Franklin Systematic Style Premia ETF during the 2nd quarter worth approximately $143,000. World Investment Advisors raised its position in shares of Franklin Systematic Style Premia ETF by 30.2% in the second quarter. World Investment Advisors now owns 11,380 shares of the company’s stock valued at $274,000 after purchasing an additional 2,642 shares during the period. Finally, Integrated Wealth Concepts LLC raised its holdings in Franklin Systematic Style Premia ETF by 2.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 17,247 shares of the company’s stock valued at $423,000 after acquiring an additional 434 shares during the period.

Franklin Systematic Style Premia ETF Trading Down 0.2%

Franklin Systematic Style Premia ETF stock opened at $27.10 on Tuesday. The stock’s 50 day moving average is $26.61 and its 200-day moving average is $25.42. The company has a market capitalization of $539.29 million, a price-to-earnings ratio of 18.32 and a beta of 0.01. Franklin Systematic Style Premia ETF has a 12 month low of $21.72 and a 12 month high of $27.33.

About Franklin Systematic Style Premia ETF

The Franklin Systematic Style Premia ETF (FLSP) is an exchange-traded fund that is based on the IQ Hedge Market Neutral index. The fund is an actively managed, absolute return fund that aims to produce positive returns in a rising or falling market by employing a multi-asset, long\u002Fshort strategy via the use of derivatives.