Franklin U.S. Large Cap Multifactor Index ETF $FLQL is Sequent Planning LLC’s 6th Largest Position

Sequent Planning LLC lifted its holdings in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 11.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 205,420 shares of the company’s stock after purchasing an additional 21,380 shares during the quarter. Franklin U.S. Large Cap Multifactor Index ETF comprises about 3.4% of Sequent Planning LLC’s portfolio, making the stock its 6th biggest position. Sequent Planning LLC owned approximately 0.85% of Franklin U.S. Large Cap Multifactor Index ETF worth $13,895,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new position in Franklin U.S. Large Cap Multifactor Index ETF during the 1st quarter valued at about $1,365,000. Qube Research & Technologies Ltd acquired a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the second quarter worth about $81,000. Bank of America Corp DE grew its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 25.4% during the second quarter. Bank of America Corp DE now owns 2,180,552 shares of the company’s stock worth $137,724,000 after acquiring an additional 441,087 shares during the last quarter. MML Investors Services LLC purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF during the second quarter worth about $1,021,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 4.7% during the third quarter. JPMorgan Chase & Co. now owns 378,301 shares of the company’s stock worth $25,887,000 after acquiring an additional 16,967 shares during the last quarter.

Franklin U.S. Large Cap Multifactor Index ETF Stock Down 0.7%

FLQL opened at $76.40 on Friday. The company has a market cap of $1.85 billion, a P/E ratio of 24.11 and a beta of 0.95. The firm’s 50-day moving average price is $76.29 and its 200-day moving average price is $72.30. Franklin U.S. Large Cap Multifactor Index ETF has a 52-week low of $62.34 and a 52-week high of $78.78.

About Franklin U.S. Large Cap Multifactor Index ETF

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.