Franklin Resources Inc. Trims Holdings in Franklin U.S. Large Cap Multifactor Index ETF $FLQL

Franklin Resources Inc. lowered its holdings in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 0.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,696,736 shares of the company’s stock after selling 13,027 shares during the quarter. Franklin Resources Inc. owned 35.86% of Franklin U.S. Large Cap Multifactor Index ETF worth $602,945,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Dunhill Financial LLC purchased a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the third quarter valued at $34,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 3rd quarter valued at about $39,000. Qube Research & Technologies Ltd purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the second quarter worth about $81,000. Comerica Bank grew its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 17.9% during the fourth quarter. Comerica Bank now owns 1,650 shares of the company’s stock worth $114,000 after acquiring an additional 250 shares during the period. Finally, Larson Financial Group LLC acquired a new stake in Franklin U.S. Large Cap Multifactor Index ETF during the fourth quarter worth about $115,000.

Franklin U.S. Large Cap Multifactor Index ETF Trading Up 0.2%

Shares of BATS:FLQL opened at $76.40 on Tuesday. Franklin U.S. Large Cap Multifactor Index ETF has a 12-month low of $60.46 and a 12-month high of $78.37. The business has a 50 day moving average of $74.12 and a two-hundred day moving average of $71.49. The company has a market capitalization of $1.85 billion, a PE ratio of 24.11 and a beta of 0.95.

Franklin U.S. Large Cap Multifactor Index ETF Company 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.