Franklin Resources Inc. Buys 118,281 Shares of Franklin U.S. Large Cap Multifactor Index ETF $FLQL

Franklin Resources Inc. raised its stake in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 1.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,709,763 shares of the company’s stock after buying an additional 118,281 shares during the quarter. Franklin Resources Inc. owned 0.36% of Franklin U.S. Large Cap Multifactor Index ETF worth $596,009,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FLQL. Private Advisor Group LLC bought a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 3rd quarter valued at about $217,000. Sequent Planning LLC acquired a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 3rd quarter valued at approximately $11,183,000. Dunhill Financial LLC bought a new position in Franklin U.S. Large Cap Multifactor Index ETF during the 3rd quarter worth approximately $34,000. TIAA Trust National Association boosted its stake in Franklin U.S. Large Cap Multifactor Index ETF by 48.5% during the 3rd quarter. TIAA Trust National Association now owns 4,952 shares of the company’s stock worth $339,000 after acquiring an additional 1,618 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC grew its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 0.7% during the third quarter. Wealthcare Advisory Partners LLC now owns 138,492 shares of the company’s stock valued at $9,477,000 after purchasing an additional 1,024 shares during the period.

Franklin U.S. Large Cap Multifactor Index ETF Stock Performance

Shares of BATS:FLQL opened at $70.00 on Thursday. Franklin U.S. Large Cap Multifactor Index ETF has a 52 week low of $48.65 and a 52 week high of $72.39. The company has a market capitalization of $1.70 billion, a PE ratio of 24.11 and a beta of 0.95. The company has a 50 day moving average price of $70.89 and a two-hundred day moving average price of $69.28.

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.