Franklin U.S. Large Cap Multifactor Index ETF $FLQL Shares Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC grew its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 19.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,596 shares of the company’s stock after acquiring an additional 1,545 shares during the quarter. Park Avenue Securities LLC’s holdings in Franklin U.S. Large Cap Multifactor Index ETF were worth $606,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Rossby Financial LCC acquired a new position in Franklin U.S. Large Cap Multifactor Index ETF during the first quarter worth approximately $50,000. IFP Advisors Inc grew its position in Franklin U.S. Large Cap Multifactor Index ETF by 57.6% during the first quarter. IFP Advisors Inc now owns 1,206 shares of the company’s stock valued at $68,000 after acquiring an additional 441 shares during the period. Silver Oak Securities Incorporated purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 1st quarter worth about $122,000. National Wealth Management Group LLC acquired a new stake in Franklin U.S. Large Cap Multifactor Index ETF during the 1st quarter worth approximately $284,000. Finally, WBI Investments LLC purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF in the first quarter valued at approximately $288,000.

Franklin U.S. Large Cap Multifactor Index ETF Trading Up 16.5%

BATS:FLQL opened at $68.04 on Monday. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of 24.11 and a beta of 0.95. Franklin U.S. Large Cap Multifactor Index ETF has a twelve month low of $48.65 and a twelve month high of $64.48. The firm’s fifty day simple moving average is $66.07 and its 200 day simple moving average is $61.19.

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.