Avantax Advisory Services Inc. Has $6.65 Million Holdings in Franklin U.S. Large Cap Multifactor Index ETF $FLQL

Avantax Advisory Services Inc. lifted its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 1.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 105,330 shares of the company’s stock after buying an additional 2,002 shares during the quarter. Avantax Advisory Services Inc. owned about 0.43% of Franklin U.S. Large Cap Multifactor Index ETF worth $6,653,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. IFP Advisors Inc lifted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 57.6% in the first quarter. IFP Advisors Inc now owns 1,206 shares of the company’s stock valued at $68,000 after buying an additional 441 shares during the period. Concurrent Investment Advisors LLC bought a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 2nd quarter valued at $200,000. TIAA Trust National Association acquired a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 2nd quarter valued at $211,000. National Wealth Management Group LLC bought a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 1st quarter worth $284,000. Finally, WBI Investments LLC bought a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 1st quarter worth $288,000.

Franklin U.S. Large Cap Multifactor Index ETF Stock Up 15.2%

Shares of Franklin U.S. Large Cap Multifactor Index ETF stock opened at $67.25 on Wednesday. The business has a fifty day simple moving average of $68.32 and a 200 day simple moving average of $64.78. The stock has a market cap of $1.63 billion, a PE ratio of 24.11 and a beta of 0.95. Franklin U.S. Large Cap Multifactor Index ETF has a 12 month low of $48.65 and a 12 month high of $64.48.

Franklin U.S. Large Cap Multifactor Index ETF Profile

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.