Nations Financial Group Inc. IA ADV Increases Holdings in Franklin U.S. Large Cap Multifactor Index ETF $FLQL

Nations Financial Group Inc. IA ADV boosted its position in shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 68.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 25,518 shares of the company’s stock after acquiring an additional 10,341 shares during the quarter. Nations Financial Group Inc. IA ADV owned 0.11% of Franklin U.S. Large Cap Multifactor Index ETF worth $1,726,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in FLQL. Jane Street Group LLC purchased a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 1st quarter worth $1,365,000. Qube Research & Technologies Ltd purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 2nd quarter worth $81,000. Bank of America Corp DE raised its holdings 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 worth $137,724,000 after purchasing an additional 441,087 shares during the period. MML Investors Services LLC bought a new position in Franklin U.S. Large Cap Multifactor Index ETF in the 2nd quarter worth $1,021,000. Finally, JPMorgan Chase & Co. lifted its position in Franklin U.S. Large Cap Multifactor Index ETF by 4.7% during the third quarter. JPMorgan Chase & Co. now owns 378,301 shares of the company’s stock valued at $25,887,000 after purchasing an additional 16,967 shares in the last quarter.

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

BATS FLQL opened at $77.99 on Tuesday. The business’s fifty day moving average is $75.93 and its 200 day moving average is $72.12. Franklin U.S. Large Cap Multifactor Index ETF has a fifty-two week low of $60.46 and a fifty-two week high of $78.78. The company has a market capitalization of $1.89 billion, a PE ratio of 24.11 and a beta of 0.95.

About Franklin U.S. Large Cap Multifactor Index ETF

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.