Franklin U.S. Large Cap Multifactor Index ETF $FLQL Position Raised by Sequent Planning LLC

Sequent Planning LLC lifted its position in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 11.6% during the 1st quarter, Holdings Channel.com reports. The fund owned 205,420 shares of the company’s stock after acquiring an additional 21,380 shares during the period. Franklin U.S. Large Cap Multifactor Index ETF accounts for 3.4% of Sequent Planning LLC’s investment portfolio, making the stock its 6th biggest holding. Sequent Planning LLC’s holdings in Franklin U.S. Large Cap Multifactor Index ETF were worth $13,895,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Silver Oak Securities Incorporated lifted its position in Franklin U.S. Large Cap Multifactor Index ETF by 5.6% during the 1st quarter. Silver Oak Securities Incorporated now owns 21,284 shares of the company’s stock worth $1,440,000 after acquiring an additional 1,130 shares during the period. Brookstone Capital Management increased its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 0.3% in the first quarter. Brookstone Capital Management now owns 173,110 shares of the company’s stock valued at $11,709,000 after purchasing an additional 570 shares during the period. Nations Financial Group Inc. IA ADV raised its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 68.1% in the first quarter. Nations Financial Group Inc. IA ADV now owns 25,518 shares of the company’s stock worth $1,726,000 after purchasing an additional 10,341 shares during the last quarter. World Investment Advisors raised its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 42.0% in the fourth quarter. World Investment Advisors now owns 114,402 shares of the company’s stock worth $7,931,000 after purchasing an additional 33,810 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 125.2% in the fourth quarter. NewEdge Advisors LLC now owns 15,293 shares of the company’s stock worth $1,060,000 after purchasing an additional 8,503 shares during the last quarter.

Franklin U.S. Large Cap Multifactor Index ETF Stock Down 0.7%

Franklin U.S. Large Cap Multifactor Index ETF stock opened at $76.40 on Friday. The stock has a 50-day moving average price of $76.29 and a 200 day moving average price of $72.30. The company has a market capitalization of $1.85 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 52 week low of $62.34 and a 52 week high of $78.78.

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.