Orion Porfolio Solutions LLC Decreases Stock Holdings in Franklin Systematic Style Premia ETF $FLSP

Orion Porfolio Solutions LLC lessened its position in shares of Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) by 3.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 690,878 shares of the company’s stock after selling 26,563 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Franklin Systematic Style Premia ETF were worth $18,322,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of FLSP. Integrated Wealth Concepts LLC raised its stake in Franklin Systematic Style Premia ETF by 2.6% in the first quarter. Integrated Wealth Concepts LLC now owns 17,247 shares of the company’s stock valued at $423,000 after buying an additional 434 shares during the last quarter. World Investment Advisors increased its holdings in shares of Franklin Systematic Style Premia ETF by 15.1% during the third quarter. World Investment Advisors now owns 13,100 shares of the company’s stock valued at $347,000 after acquiring an additional 1,720 shares in the last quarter. Cedar Point Capital Partners LLC raised its position in shares of Franklin Systematic Style Premia ETF by 9.1% in the 3rd quarter. Cedar Point Capital Partners LLC now owns 53,434 shares of the company’s stock valued at $1,417,000 after purchasing an additional 4,478 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Franklin Systematic Style Premia ETF in the 2nd quarter worth approximately $117,000. Finally, Cetera Investment Advisers grew its position in Franklin Systematic Style Premia ETF by 9.3% during the 2nd quarter. Cetera Investment Advisers now owns 92,370 shares of the company’s stock worth $2,226,000 after purchasing an additional 7,849 shares during the last quarter.

Franklin Systematic Style Premia ETF Price Performance

Shares of FLSP opened at $27.47 on Thursday. The company’s fifty day moving average price is $27.10 and its 200-day moving average price is $26.65. Franklin Systematic Style Premia ETF has a 1-year low of $23.00 and a 1-year high of $27.83. The firm has a market capitalization of $589.23 million, a PE ratio of 18.32 and a beta of 0.01.

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.