Franklin U.S. Low Volatility ETF (NYSEARCA:FLLV) Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. cut its holdings in Franklin U.S. Low Volatility ETF (NYSEARCA:FLLV) by 82.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,900 shares of the company’s stock after selling 8,977 shares during the period. Geneos Wealth Management Inc.’s holdings in Franklin U.S. Low Volatility ETF were worth $98,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. CENTRAL TRUST Co increased its position in shares of Franklin U.S. Low Volatility ETF by 1.6% during the fourth quarter. CENTRAL TRUST Co now owns 87,821 shares of the company’s stock worth $4,538,000 after purchasing an additional 1,421 shares in the last quarter. Global Retirement Partners LLC purchased a new position in shares of Franklin U.S. Low Volatility ETF during the fourth quarter worth about $3,200,000. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Franklin U.S. Low Volatility ETF by 18.1% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 82,333 shares of the company’s stock worth $4,254,000 after buying an additional 12,644 shares during the last quarter. Raymond James & Associates grew its holdings in shares of Franklin U.S. Low Volatility ETF by 61.2% during the fourth quarter. Raymond James & Associates now owns 11,165 shares of the company’s stock worth $577,000 after buying an additional 4,240 shares during the last quarter. Finally, Cornerstone Wealth Management LLC purchased a new position in shares of Franklin U.S. Low Volatility ETF during the fourth quarter worth about $741,000.

Franklin U.S. Low Volatility ETF Stock Down 0.8 %

NYSEARCA FLLV opened at $51.89 on Tuesday. Franklin U.S. Low Volatility ETF has a 52-week low of $45.52 and a 52-week high of $54.69. The business’s 50-day moving average price is $53.37 and its 200 day moving average price is $51.05. The firm has a market cap of $158.26 million, a P/E ratio of 24.11 and a beta of 0.87.

Franklin U.S. Low Volatility ETF Company Profile

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.