RFG Advisory LLC Makes New $2.61 Million Investment in Franklin Systematic Style Premia ETF $FLSP

RFG Advisory LLC acquired a new stake in shares of Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 94,206 shares of the company’s stock, valued at approximately $2,609,000. RFG Advisory LLC owned approximately 0.25% of Franklin Systematic Style Premia ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in FLSP. National Bank of Canada FI acquired a new position in Franklin Systematic Style Premia ETF during the third quarter valued at approximately $27,000. CoreCap Advisors LLC lifted its holdings in shares of Franklin Systematic Style Premia ETF by 48.7% during the second quarter. CoreCap Advisors LLC now owns 1,724 shares of the company’s stock worth $48,000 after buying an additional 565 shares during the last quarter. Royal Bank of Canada raised its stake in Franklin Systematic Style Premia ETF by 200.6% during the 1st quarter. Royal Bank of Canada now owns 1,933 shares of the company’s stock valued at $53,000 after purchasing an additional 1,290 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Franklin Systematic Style Premia ETF during the fourth quarter valued at about $68,000. Finally, Geneos Wealth Management Inc. bought a new stake in shares of Franklin Systematic Style Premia ETF in the 1st quarter worth approximately $96,000.

Franklin Systematic Style Premia ETF Price Performance

Shares of FLSP stock opened at $28.71 on Friday. The stock has a fifty day moving average price of $28.10 and a 200 day moving average price of $27.57. The stock has a market cap of $1.06 billion, a P/E ratio of 18.32 and a beta of 0.03. Franklin Systematic Style Premia ETF has a one year low of $25.72 and a one year high of $29.38.

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.