HTLF Bank Invests $14.66 Million in Franklin U.S. Low Volatility ETF (NYSEARCA:FLLV)

HTLF Bank acquired a new position in Franklin U.S. Low Volatility ETF (NYSEARCA:FLLV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 283,648 shares of the company’s stock, valued at approximately $14,656,000. Franklin U.S. Low Volatility ETF makes up about 1.7% of HTLF Bank’s investment portfolio, making the stock its 13th biggest position. HTLF Bank owned 0.09% of Franklin U.S. Low Volatility ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Certus Wealth Management LLC raised its position in Franklin U.S. Low Volatility ETF by 12.7% during the third quarter. Certus Wealth Management LLC now owns 8,066 shares of the company’s stock worth $383,000 after acquiring an additional 907 shares in the last quarter. CENTRAL TRUST Co raised its position in Franklin U.S. Low Volatility ETF by 1.2% during the third quarter. CENTRAL TRUST Co now owns 86,400 shares of the company’s stock worth $4,099,000 after acquiring an additional 1,017 shares in the last quarter. Private Advisor Group LLC raised its position in Franklin U.S. Low Volatility ETF by 12.2% during the third quarter. Private Advisor Group LLC now owns 11,355 shares of the company’s stock worth $539,000 after acquiring an additional 1,235 shares in the last quarter. MML Investors Services LLC raised its position in Franklin U.S. Low Volatility ETF by 14.5% during the second quarter. MML Investors Services LLC now owns 13,411 shares of the company’s stock worth $657,000 after acquiring an additional 1,697 shares in the last quarter. Finally, D.A. Davidson & CO. raised its position in Franklin U.S. Low Volatility ETF by 7.3% during the third quarter. D.A. Davidson & CO. now owns 29,835 shares of the company’s stock worth $1,415,000 after acquiring an additional 2,040 shares in the last quarter.

Franklin U.S. Low Volatility ETF Price Performance

NYSEARCA FLLV traded up $0.27 on Friday, hitting $51.99. 1,101 shares of the stock were exchanged, compared to its average volume of 7,900. The business’s fifty day moving average is $53.33 and its 200 day moving average is $51.09. Franklin U.S. Low Volatility ETF has a 52 week low of $45.52 and a 52 week high of $54.69. The company has a market capitalization of $158.57 million, a PE ratio of 24.11 and a beta of 0.87.

About Franklin U.S. Low Volatility ETF

The Franklin U.S. Low Volatility ETF (FLLV) is an exchange-traded fund that is based on the Russell 1000 index. The fund is an actively-managed fund which seeks capital appreciation with lower volatility than the Russell 1000 Index. FLLV was launched on Sep 20, 2016 and is managed by Franklin Templeton.