Franklin U.S. Large Cap Multifactor Index ETF $FLQL Position Boosted by Howard Capital Management LLC

Howard Capital Management LLC raised its holdings in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 4.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 251,288 shares of the company’s stock after acquiring an additional 10,313 shares during the quarter. Howard Capital Management LLC owned 1.04% of Franklin U.S. Large Cap Multifactor Index ETF worth $19,708,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Sanctuary Advisors LLC boosted its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 7.1% in the first quarter. Sanctuary Advisors LLC now owns 1,675,252 shares of the company’s stock worth $113,314,000 after buying an additional 111,752 shares during the period. Bank of New York Mellon Corp raised its stake in Franklin U.S. Large Cap Multifactor Index ETF by 6.2% during the 1st quarter. Bank of New York Mellon Corp now owns 1,094,134 shares of the company’s stock valued at $74,007,000 after purchasing an additional 63,545 shares during the last quarter. Cetera Investment Advisers raised its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 3.9% in the 1st quarter. Cetera Investment Advisers now owns 561,524 shares of the company’s stock valued at $37,981,000 after acquiring an additional 21,290 shares in the last quarter. Arkadios Wealth Advisors raised its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 107.6% in the 1st quarter. Arkadios Wealth Advisors now owns 546,687 shares of the company’s stock valued at $36,978,000 after buying an additional 283,316 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 12.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 448,344 shares of the company’s stock worth $30,326,000 after buying an additional 50,907 shares in the last quarter.

Franklin U.S. Large Cap Multifactor Index ETF Stock Performance

Franklin U.S. Large Cap Multifactor Index ETF stock traded down $0.92 on Friday, reaching $77.67. The company’s stock had a trading volume of 77,994 shares, compared to its average volume of 101,354. The business’s fifty day moving average price is $78.83 and its 200 day moving average price is $76.85. The company has a market cap of $1.88 billion, a price-to-earnings ratio of 24.11 and a beta of 0.95. Franklin U.S. Large Cap Multifactor Index ETF has a twelve month low of $65.30 and a twelve month high of $81.55.

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.