Raymond James & Associates Buys 364 Shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)

Raymond James & Associates boosted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 7.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,325 shares of the company’s stock after acquiring an additional 364 shares during the quarter. Raymond James & Associates’ holdings in Franklin U.S. Large Cap Multifactor Index ETF were worth $238,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 6.9% in the 1st quarter. JPMorgan Chase & Co. now owns 4,823 shares of the company’s stock valued at $200,000 after purchasing an additional 310 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 5.5% in the 1st quarter. Commonwealth Equity Services LLC now owns 16,587 shares of the company’s stock valued at $686,000 after purchasing an additional 870 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 6.7% in the 3rd quarter. Royal Bank of Canada now owns 35,193 shares of the company’s stock valued at $1,288,000 after purchasing an additional 2,205 shares during the last quarter. UBS Group AG boosted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 2.1% in the 1st quarter. UBS Group AG now owns 116,360 shares of the company’s stock valued at $4,815,000 after purchasing an additional 2,398 shares during the last quarter. Finally, Key Client Fiduciary Advisors LLC boosted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 31.5% in the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 12,100 shares of the company’s stock valued at $542,000 after purchasing an additional 2,900 shares during the last quarter.

Franklin U.S. Large Cap Multifactor Index ETF Trading Up 1.7 %

Shares of BATS FLQL opened at $44.68 on Monday. The firm has a market capitalization of $920.41 million, a PE ratio of 18.37 and a beta of 0.92. Franklin U.S. Large Cap Multifactor Index ETF has a 1 year low of $25.40 and a 1 year high of $30.32. The firm’s 50-day moving average is $43.64 and its 200-day moving average is $43.67.

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.