Arrien Investments Inc. Invests $1.23 Million in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)

Arrien Investments Inc. acquired a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 20,109 shares of the company’s stock, valued at approximately $1,225,000. Franklin U.S. Large Cap Multifactor Index ETF accounts for about 0.9% of Arrien Investments Inc.’s holdings, making the stock its 17th largest holding. Arrien Investments Inc. owned 0.08% of Franklin U.S. Large Cap Multifactor Index ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of FLQL. Envestnet Portfolio Solutions Inc. increased its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 10.3% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 14,240 shares of the company’s stock valued at $835,000 after buying an additional 1,326 shares during the last quarter. Commonwealth Equity Services LLC increased its position in Franklin U.S. Large Cap Multifactor Index ETF by 5.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 37,189 shares of the company’s stock valued at $2,181,000 after acquiring an additional 1,994 shares during the period. Avantax Advisory Services Inc. lifted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 8.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 102,747 shares of the company’s stock worth $6,025,000 after purchasing an additional 8,084 shares during the period. Raymond James Financial Inc. bought a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF in the fourth quarter valued at approximately $30,157,000. Finally, Atria Investments Inc raised its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 4.1% in the 4th quarter. Atria Investments Inc now owns 243,841 shares of the company’s stock worth $14,299,000 after buying an additional 9,540 shares in the last quarter.

Franklin U.S. Large Cap Multifactor Index ETF Stock Down 2.8 %

FLQL opened at $56.75 on Monday. The business has a fifty day simple moving average of $59.91 and a 200-day simple moving average of $59.14. The firm has a market cap of $1.43 billion, a PE ratio of 25.02 and a beta of 0.95. Franklin U.S. Large Cap Multifactor Index ETF has a fifty-two week low of $25.40 and a fifty-two week high of $30.32.

Franklin U.S. Large Cap Multifactor Index ETF 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.