Silver Oak Securities Incorporated Makes New $1.41 Million Investment in Franklin U.S. Large Cap Multifactor Index ETF $FLQL

Silver Oak Securities Incorporated bought a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 20,154 shares of the company’s stock, valued at approximately $1,410,000.

Several other hedge funds have also recently modified their holdings of the business. Jane Street Group LLC purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF during the first quarter valued at approximately $1,365,000. JPMorgan Chase & Co. increased its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 17.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 361,334 shares of the company’s stock valued at $22,822,000 after acquiring an additional 54,769 shares during the period. Qube Research & Technologies Ltd bought a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 2nd quarter worth $81,000. Bank of America Corp DE lifted its stake 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 purchasing an additional 441,087 shares during the last quarter. Finally, MML Investors Services LLC bought a new stake in Franklin U.S. Large Cap Multifactor Index ETF during the second quarter valued at about $1,021,000.

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

Shares of Franklin U.S. Large Cap Multifactor Index ETF stock opened at $67.64 on Wednesday. The company has a market capitalization of $1.64 billion, a PE ratio of 24.11 and a beta of 0.95. The company has a 50-day simple moving average of $70.16 and a two-hundred day simple moving average of $69.43. Franklin U.S. Large Cap Multifactor Index ETF has a one year low of $48.65 and a one year high of $72.39.

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.