Assetmark Inc. raised its position in Franklin Systematic Style Premia ETF (NYSEARCA:FLSP – Free Report) by 34,460.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 492,835 shares of the company’s stock after buying an additional 491,409 shares during the quarter. Assetmark Inc. owned approximately 1.81% of Franklin Systematic Style Premia ETF worth $13,405,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also modified their holdings of FLSP. National Bank of Canada FI purchased a new position in shares of Franklin Systematic Style Premia ETF during the third quarter worth approximately $27,000. Kestra Advisory Services LLC purchased a new stake in Franklin Systematic Style Premia ETF in the 4th quarter valued at $68,000. Geneos Wealth Management Inc. acquired a new stake in Franklin Systematic Style Premia ETF during the 1st quarter worth $96,000. Raymond James Financial Inc. acquired a new stake in Franklin Systematic Style Premia ETF during the 2nd quarter worth $117,000. Finally, Elyxium Wealth LLC purchased a new position in Franklin Systematic Style Premia ETF during the 4th quarter worth $217,000.
Franklin Systematic Style Premia ETF Stock Performance
NYSEARCA FLSP opened at $27.77 on Monday. The firm’s fifty day moving average is $27.43 and its two-hundred day moving average is $27.24. Franklin Systematic Style Premia ETF has a one year low of $24.15 and a one year high of $29.01. The firm has a market cap of $1.01 billion, a PE ratio of 18.32 and a beta of 0.04.
Franklin Systematic Style Premia ETF Profile
The Franklin Systematic Style Premia ETF (FLSP) is an exchange-traded fund that is based on the IQ Hedge Market Neutral index. The fund is an actively managed, absolute return fund that aims to produce positive returns in a rising or falling market by employing a multi-asset, long\u002Fshort strategy via the use of derivatives. FLSP was launched on Dec 18, 2019 and is managed by Franklin Templeton.
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