Orion Porfolio Solutions LLC Sells 26,563 Shares of Franklin Systematic Style Premia ETF $FLSP

Orion Porfolio Solutions LLC trimmed its holdings in shares of Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) by 3.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 690,878 shares of the company’s stock after selling 26,563 shares during the period. Orion Porfolio Solutions LLC owned approximately 3.47% of Franklin Systematic Style Premia ETF worth $18,322,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of FLSP. Integrated Wealth Concepts LLC lifted its holdings in shares of Franklin Systematic Style Premia ETF by 2.6% during the first quarter. Integrated Wealth Concepts LLC now owns 17,247 shares of the company’s stock valued at $423,000 after purchasing an additional 434 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Franklin Systematic Style Premia ETF in the 1st quarter worth $1,423,000. World Investment Advisors boosted its position in 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 worth $274,000 after purchasing an additional 2,642 shares during the last quarter. Brio Consultants LLC purchased a new stake in shares of Franklin Systematic Style Premia ETF during the 2nd quarter valued at about $477,000. Finally, PFG Advisors lifted its stake in shares of Franklin Systematic Style Premia ETF by 56.4% in the 2nd quarter. PFG Advisors now owns 51,271 shares of the company’s stock worth $1,236,000 after purchasing an additional 18,482 shares during the period.

Franklin Systematic Style Premia ETF Price Performance

NYSEARCA:FLSP opened at $27.47 on Thursday. The firm has a market capitalization of $589.23 million, a price-to-earnings ratio of 18.32 and a beta of 0.01. The business has a fifty day moving average price of $27.10 and a 200-day moving average price of $26.65. Franklin Systematic Style Premia ETF has a one year low of $23.00 and a one year high of $27.83.

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. FLSP was launched on Dec 18, 2019 and is managed by Franklin Templeton.