Franklin Resources Inc. Has $596.01 Million Stock Position in Franklin U.S. Large Cap Multifactor Index ETF $FLQL

Franklin Resources Inc. raised its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 1.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,709,763 shares of the company’s stock after purchasing an additional 118,281 shares during the period. Franklin Resources Inc. owned 35.92% of Franklin U.S. Large Cap Multifactor Index ETF worth $596,009,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Bank of America Corp DE grew its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 25.4% during the 2nd quarter. Bank of America Corp DE now owns 2,180,552 shares of the company’s stock worth $137,724,000 after buying an additional 441,087 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 6.7% in the second quarter. Steward Partners Investment Advisory LLC now owns 1,020,887 shares of the company’s stock valued at $64,479,000 after buying an additional 64,203 shares during the period. JPMorgan Chase & Co. lifted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 4.7% in the third quarter. JPMorgan Chase & Co. now owns 378,301 shares of the company’s stock valued at $25,887,000 after buying an additional 16,967 shares during the period. Cetera Investment Advisers boosted its stake in Franklin U.S. Large Cap Multifactor Index ETF by 5.3% in the second quarter. Cetera Investment Advisers now owns 342,871 shares of the company’s stock valued at $21,656,000 after acquiring an additional 17,323 shares during the last quarter. Finally, Arkadios Wealth Advisors boosted its stake in Franklin U.S. Large Cap Multifactor Index ETF by 8.5% in the third quarter. Arkadios Wealth Advisors now owns 164,316 shares of the company’s stock valued at $11,244,000 after acquiring an additional 12,841 shares during the last quarter.

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

FLQL opened at $70.00 on Thursday. The company has a fifty day moving average price of $70.89 and a two-hundred day moving average price of $69.28. The firm has a market capitalization of $1.70 billion, a PE ratio of 24.11 and a beta of 0.95. Franklin U.S. Large Cap Multifactor Index ETF has a 52 week low of $48.65 and a 52 week high of $72.39.

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.