Franklin U.S. Large Cap Multifactor Index ETF $FLQL Shares Newly Purchased by Guardian Asset Advisors LLC

Guardian Asset Advisors LLC purchased a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 28,063 shares of the company’s stock, valued at approximately $2,201,000. Franklin U.S. Large Cap Multifactor Index ETF makes up approximately 1.0% of Guardian Asset Advisors LLC’s investment portfolio, making the stock its 25th largest position.

Other large investors have also recently added to or reduced their stakes in the company. Howard Capital Management LLC increased its position in Franklin U.S. Large Cap Multifactor Index ETF by 4.3% during the 3rd quarter. Howard Capital Management LLC now owns 251,288 shares of the company’s stock worth $19,708,000 after purchasing an additional 10,313 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 12.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 138,477 shares of the company’s stock valued at $10,840,000 after buying an additional 14,793 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 2nd quarter valued at approximately $61,000. RFG Advisory LLC purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the second quarter valued at approximately $11,622,000. Finally, CoreCap Advisors LLC purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the second quarter valued at approximately $41,000.

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

Shares of FLQL stock opened at $77.67 on Friday. The business’s fifty day moving average price is $78.83 and its 200 day moving average price is $76.85. Franklin U.S. Large Cap Multifactor Index ETF has a 1-year low of $65.30 and a 1-year high of $81.55. The firm has a market capitalization of $1.88 billion, a PE ratio of 24.11 and a beta of 0.95.

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.