Franklin Resources Inc. Raises Holdings in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)

Franklin Resources Inc. raised its holdings in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 16.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,516,253 shares of the company’s stock after purchasing an additional 1,309,812 shares during the quarter. Franklin Resources Inc. owned 39.73% of Franklin U.S. Large Cap Multifactor Index ETF worth $558,033,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Decker Retirement Planning Inc. purchased a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the 4th quarter valued at about $36,000. FMR LLC raised its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 30.7% in the 3rd quarter. FMR LLC now owns 4,034 shares of the company’s stock valued at $235,000 after acquiring an additional 948 shares during the period. Modern Wealth Management LLC acquired a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 4th quarter worth approximately $401,000. Park Avenue Securities LLC boosted its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 2.8% during the 4th quarter. Park Avenue Securities LLC now owns 7,815 shares of the company’s stock worth $458,000 after purchasing an additional 210 shares during the period. Finally, D.A. Davidson & CO. increased its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 3.3% in the 4th quarter. D.A. Davidson & CO. now owns 8,016 shares of the company’s stock valued at $470,000 after purchasing an additional 254 shares during the last quarter.

Franklin U.S. Large Cap Multifactor Index ETF Stock Down 3.3 %

Shares of BATS FLQL opened at $56.47 on Tuesday. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 23.51 and a beta of 0.95. Franklin U.S. Large Cap Multifactor Index ETF has a 52-week low of $49.84 and a 52-week high of $62.31. The business’s 50 day moving average is $59.45 and its two-hundred day moving average is $59.22.

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.