Elevation Capital Advisory LLC Buys New Stake in Franklin U.S. Large Cap Multifactor Index ETF $FLQL

Elevation Capital Advisory LLC bought a new stake in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 78,661 shares of the company’s stock, valued at approximately $5,454,000. Franklin U.S. Large Cap Multifactor Index ETF comprises about 2.2% of Elevation Capital Advisory LLC’s holdings, making the stock its 17th largest position. Elevation Capital Advisory LLC owned approximately 0.32% of Franklin U.S. Large Cap Multifactor Index ETF at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Dunhill Financial LLC purchased a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 3rd quarter valued at $34,000. Wilmington Savings Fund Society FSB purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF during the 3rd quarter worth $39,000. Qube Research & Technologies Ltd purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF during the 2nd quarter worth $81,000. Root Financial Partners LLC purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF during the 3rd quarter worth $184,000. Finally, Private Advisor Group LLC purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF during the 3rd quarter worth $217,000.

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

Shares of Franklin U.S. Large Cap Multifactor Index ETF stock opened at $72.97 on Thursday. Franklin U.S. Large Cap Multifactor Index ETF has a 1 year low of $51.68 and a 1 year high of $73.02. The company has a market capitalization of $1.77 billion, a P/E ratio of 24.11 and a beta of 0.95. The company’s fifty day moving average is $69.97 and its two-hundred day moving average is $69.60.

Franklin U.S. Large Cap Multifactor Index ETF Company 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. FLQL was launched on Apr 26, 2017 and is managed by Franklin Templeton.