LPL Financial LLC Purchases 14,373 Shares of Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS)

LPL Financial LLC boosted its position in shares of Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) by 18.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 91,634 shares of the company’s stock after acquiring an additional 14,373 shares during the period. LPL Financial LLC owned 16.66% of Franklin U.S. Small Cap Multifactor Index ETF worth $3,250,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. purchased a new stake in Franklin U.S. Small Cap Multifactor Index ETF during the 2nd quarter valued at approximately $1,704,000. Bank of America Corp DE grew its holdings in shares of Franklin U.S. Small Cap Multifactor Index ETF by 5.0% in the first quarter. Bank of America Corp DE now owns 12,214 shares of the company’s stock valued at $416,000 after purchasing an additional 581 shares in the last quarter. Equitable Holdings Inc. purchased a new position in shares of Franklin U.S. Small Cap Multifactor Index ETF in the fourth quarter valued at $497,000. Advisor Group Holdings Inc. grew its holdings in shares of Franklin U.S. Small Cap Multifactor Index ETF by 1,506.5% in the fourth quarter. Advisor Group Holdings Inc. now owns 16,065 shares of the company’s stock valued at $526,000 after purchasing an additional 15,065 shares in the last quarter. Finally, UBS Group AG grew its holdings in shares of Franklin U.S. Small Cap Multifactor Index ETF by 54.5% in the second quarter. UBS Group AG now owns 2,683 shares of the company’s stock valued at $84,000 after purchasing an additional 946 shares in the last quarter.

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

FLQS stock opened at $34.00 on Wednesday. The firm has a market cap of $23.80 million, a PE ratio of 11.54 and a beta of 1.02. The firm has a fifty day moving average price of $34.22 and a 200 day moving average price of $34.68. Franklin U.S. Small Cap Multifactor Index ETF has a fifty-two week low of $24.33 and a fifty-two week high of $26.92.

Franklin U.S. Small Cap Multifactor Index ETF Company Profile

The Franklin U.S. Small Cap Multifactor Index ETF (FLQS) is an exchange-traded fund that is based on the LibertyQ US Small Cap Equity index. The fund tracks a multi-factor US small-cap index based on a composite scores of quality, value, momentum, and low-volatility. FLQS was launched on Apr 26, 2017 and is managed by Franklin Templeton.