Cetera Investment Advisers Purchases 21,290 Shares of Franklin U.S. Large Cap Multifactor Index ETF $FLQL

Cetera Investment Advisers raised its position in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 3.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 561,524 shares of the company’s stock after purchasing an additional 21,290 shares during the period. Cetera Investment Advisers’ holdings in Franklin U.S. Large Cap Multifactor Index ETF were worth $37,981,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the third quarter worth about $39,000. Qube Research & Technologies Ltd bought a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the second quarter worth about $81,000. Comerica Bank grew its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 17.9% during the fourth quarter. Comerica Bank now owns 1,650 shares of the company’s stock worth $114,000 after buying an additional 250 shares in the last quarter. Larson Financial Group LLC acquired a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the 4th quarter valued at approximately $115,000. Finally, Harbour Investments Inc. raised its position in Franklin U.S. Large Cap Multifactor Index ETF by 68.0% in the 4th quarter. Harbour Investments Inc. now owns 1,672 shares of the company’s stock valued at $116,000 after buying an additional 677 shares during the last quarter.

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

BATS FLQL opened at $76.82 on Friday. The stock has a market capitalization of $1.86 billion, a price-to-earnings ratio of 24.11 and a beta of 0.95. The stock’s 50 day moving average price is $77.30 and its two-hundred day moving average price is $73.38. Franklin U.S. Large Cap Multifactor Index ETF has a 52 week low of $63.30 and a 52 week high of $78.78.

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.