148,467 Shares in Franklin U.S. Large Cap Multifactor Index ETF $FLQL Bought by RFG Advisory LLC
by Sarita Garza · The Markets DailyRFG Advisory LLC acquired a new position in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL – Free Report) during the second quarter, Holdings Channel.com reports. The firm acquired 148,467 shares of the company’s stock, valued at approximately $11,622,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FLQL. NewEdge Advisors LLC grew its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 1.1% during the first quarter. NewEdge Advisors LLC now owns 15,459 shares of the company’s stock valued at $1,046,000 after acquiring an additional 166 shares in the last quarter. Comerica Bank boosted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 17.9% in the fourth quarter. Comerica Bank now owns 1,650 shares of the company’s stock valued at $114,000 after purchasing an additional 250 shares during the last quarter. Mariner LLC grew its stake in Franklin U.S. Large Cap Multifactor Index ETF by 0.7% during the 4th quarter. Mariner LLC now owns 46,043 shares of the company’s stock valued at $3,192,000 after purchasing an additional 302 shares in the last quarter. Private Advisor Group LLC grew its stake in Franklin U.S. Large Cap Multifactor Index ETF by 8.8% during the 1st quarter. Private Advisor Group LLC now owns 3,927 shares of the company’s stock valued at $266,000 after purchasing an additional 319 shares in the last quarter. Finally, CoreCap Advisors LLC acquired a new stake in Franklin U.S. Large Cap Multifactor Index ETF during the 2nd quarter valued at approximately $41,000.
Franklin U.S. Large Cap Multifactor Index ETF Stock Down 0.4%
FLQL stock opened at $78.70 on Wednesday. The stock’s 50 day moving average is $78.11 and its two-hundred day moving average is $75.09. Franklin U.S. Large Cap Multifactor Index ETF has a 52-week low of $65.30 and a 52-week high of $81.55. The company has a market capitalization of $1.91 billion, a PE ratio of 24.11 and a beta of 0.95.
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. FLQL was launched on Apr 26, 2017 and is managed by Franklin Templeton.
Recommended Stories
- Five stocks we like better than Franklin U.S. Large Cap Multifactor Index ETF
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Want to see what other hedge funds are holding FLQL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL – Free Report).