Dynamic Advisor Solutions LLC Purchases 27,958 Shares of Franklin Systematic Style Premia ETF $FLSP

Dynamic Advisor Solutions LLC increased its holdings in Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) by 24.2% in the second quarter, Holdings Channel reports. The fund owned 143,526 shares of the company’s stock after purchasing an additional 27,958 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Franklin Systematic Style Premia ETF were worth $3,974,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FLSP. Tredje AP fonden increased its position in Franklin Systematic Style Premia ETF by 101.2% during the 4th quarter. Tredje AP fonden now owns 8,050,000 shares of the company’s stock valued at $216,626,000 after purchasing an additional 4,050,000 shares during the period. Franklin Resources Inc. boosted its stake in shares of Franklin Systematic Style Premia ETF by 19.1% during the fourth quarter. Franklin Resources Inc. now owns 6,969,526 shares of the company’s stock valued at $187,550,000 after purchasing an additional 1,119,845 shares in the last quarter. Peak Financial Advisors LLC bought a new position in shares of Franklin Systematic Style Premia ETF during the first quarter valued at approximately $18,183,000. Assetmark Inc. boosted its stake in shares of Franklin Systematic Style Premia ETF by 34,460.7% during the first quarter. Assetmark Inc. now owns 492,835 shares of the company’s stock valued at $13,405,000 after purchasing an additional 491,409 shares in the last quarter. Finally, Susquehanna International Group LLP purchased a new position in Franklin Systematic Style Premia ETF during the third quarter valued at approximately $5,791,000.

Franklin Systematic Style Premia ETF Stock Down 0.4%

Shares of NYSEARCA:FLSP opened at $28.13 on Friday. The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 18.32 and a beta of 0.04. Franklin Systematic Style Premia ETF has a 52 week low of $24.99 and a 52 week high of $29.01. The firm has a 50 day moving average of $27.64 and a 200 day moving average of $27.34.

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.