Simplicity Wealth LLC Buys 35,530 Shares of Franklin Systematic Style Premia ETF $FLSP

Simplicity Wealth LLC grew its stake in shares of Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) by 85.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 76,974 shares of the company’s stock after buying an additional 35,530 shares during the period. Simplicity Wealth LLC owned 0.20% of Franklin Systematic Style Premia ETF worth $2,201,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Peak Financial Advisors LLC purchased a new position in shares of Franklin Systematic Style Premia ETF in the 1st quarter worth about $18,183,000. Coppell Advisory Solutions LLC acquired a new position in shares of Franklin Systematic Style Premia ETF in the 2nd quarter valued at about $39,000. Baird Financial Group Inc. acquired a new position in shares of Franklin Systematic Style Premia ETF in the 2nd quarter valued at about $2,487,000. Dynamic Advisor Solutions LLC lifted its stake in shares of Franklin Systematic Style Premia ETF by 24.2% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 143,526 shares of the company’s stock valued at $3,974,000 after purchasing an additional 27,958 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Franklin Systematic Style Premia ETF by 5.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,313,990 shares of the company’s stock worth $35,741,000 after purchasing an additional 69,466 shares during the period.

Franklin Systematic Style Premia ETF Stock Performance

Shares of NYSEARCA:FLSP opened at $28.77 on Tuesday. Franklin Systematic Style Premia ETF has a 1 year low of $26.30 and a 1 year high of $30.00. The stock has a market capitalization of $1.09 billion, a P/E ratio of 18.32 and a beta of 0.03. The stock has a 50-day simple moving average of $28.67 and a 200-day simple moving average of $27.68.

Franklin Systematic Style Premia ETF Company Profile

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.