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

Franklin Resources Inc. lessened its stake in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 0.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 8,696,736 shares of the company’s stock after selling 13,027 shares during the quarter. Franklin Resources Inc. owned about 0.36% of Franklin U.S. Large Cap Multifactor Index ETF worth $602,945,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the first quarter valued at about $1,365,000. Qube Research & Technologies Ltd purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF in the 2nd quarter valued at about $81,000. Bank of America Corp DE lifted its stake in Franklin U.S. Large Cap Multifactor Index ETF by 25.4% in the 2nd quarter. Bank of America Corp DE now owns 2,180,552 shares of the company’s stock valued at $137,724,000 after buying an additional 441,087 shares in the last quarter. MML Investors Services LLC purchased a new stake in Franklin U.S. Large Cap Multifactor Index ETF during the 2nd quarter worth approximately $1,021,000. Finally, Atria Investments Inc increased its stake in Franklin U.S. Large Cap Multifactor Index ETF by 91.9% during the 3rd quarter. Atria Investments Inc now owns 46,645 shares of the company’s stock worth $3,192,000 after buying an additional 22,335 shares in the last quarter.

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

BATS FLQL opened at $76.40 on Tuesday. The company has a market cap of $1.85 billion, a PE ratio of 24.11 and a beta of 0.95. The stock’s 50 day simple moving average is $74.12 and its 200-day simple moving average is $71.49. Franklin U.S. Large Cap Multifactor Index ETF has a 1-year low of $60.46 and a 1-year high of $78.37.

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.