Franklin U.S. Large Cap Multifactor Index ETF $FLQL Shares Bought by Osaic Holdings Inc.

Osaic Holdings Inc. lifted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 14.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 63,859 shares of the company’s stock after acquiring an additional 8,231 shares during the quarter. Osaic Holdings Inc. owned about 0.26% of Franklin U.S. Large Cap Multifactor Index ETF worth $4,033,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd acquired a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the second quarter worth approximately $81,000. Concurrent Investment Advisors LLC bought a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 2nd quarter worth $200,000. TIAA Trust National Association acquired a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the second quarter valued at $211,000. National Wealth Management Group LLC bought a new position in Franklin U.S. Large Cap Multifactor Index ETF during the first quarter valued at about $284,000. Finally, WBI Investments LLC acquired a new position in Franklin U.S. Large Cap Multifactor Index ETF during the first quarter worth about $288,000.

Franklin U.S. Large Cap Multifactor Index ETF Trading Up 20.8%

Shares of Franklin U.S. Large Cap Multifactor Index ETF stock opened at $70.51 on Thursday. The company’s 50-day moving average price is $68.98 and its two-hundred day moving average price is $66.50. The stock has a market cap of $1.71 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 $64.48.

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.