Brookstone Capital Management Boosts Stock Position in Franklin U.S. Large Cap Multifactor Index ETF $FLQL

Brookstone Capital Management increased its holdings in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 6.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 172,540 shares of the company’s stock after purchasing an additional 9,825 shares during the quarter. Brookstone Capital Management owned approximately 0.71% of Franklin U.S. Large Cap Multifactor Index ETF worth $11,962,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of FLQL. Jane Street Group LLC purchased a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the 1st quarter worth approximately $1,365,000. JPMorgan Chase & Co. increased its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 17.9% during the second quarter. JPMorgan Chase & Co. now owns 361,334 shares of the company’s stock valued at $22,822,000 after buying an additional 54,769 shares during the period. Qube Research & Technologies Ltd purchased a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the second quarter valued at approximately $81,000. Bank of America Corp DE raised its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 25.4% during the second quarter. Bank of America Corp DE now owns 2,180,552 shares of the company’s stock valued at $137,724,000 after acquiring an additional 441,087 shares in the last quarter. Finally, MML Investors Services LLC bought a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the second quarter valued at approximately $1,021,000.

Franklin U.S. Large Cap Multifactor Index ETF Stock Up 3.3%

Shares of FLQL stock opened at $67.64 on Wednesday. The firm has a market capitalization of $1.64 billion, a price-to-earnings ratio of 24.11 and a beta of 0.95. The stock has a fifty day moving average of $70.16 and a 200 day moving average of $69.43. Franklin U.S. Large Cap Multifactor Index ETF has a 52 week low of $48.65 and a 52 week high of $72.39.

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. FLQL was launched on Apr 26, 2017 and is managed by Franklin Templeton.