Private Trust Co. NA Takes $63,000 Position in Franklin Systematic Style Premia ETF $FLSP

Private Trust Co. NA bought a new stake in Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,625 shares of the company’s stock, valued at approximately $63,000.

A number of other large investors have also modified their holdings of FLSP. PNC Financial Services Group Inc. acquired a new stake in shares of Franklin Systematic Style Premia ETF in the first quarter valued at about $47,000. Ameritas Advisory Services LLC acquired a new stake in shares of Franklin Systematic Style Premia ETF in the second quarter valued at about $143,000. World Investment Advisors acquired a new stake in shares of Franklin Systematic Style Premia ETF in the first quarter valued at about $215,000. Private Advisor Group LLC grew its stake in shares of Franklin Systematic Style Premia ETF by 54.0% in the first quarter. Private Advisor Group LLC now owns 13,763 shares of the company’s stock valued at $338,000 after buying an additional 4,828 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its stake in shares of Franklin Systematic Style Premia ETF by 2.6% in the first quarter. Integrated Wealth Concepts LLC now owns 17,247 shares of the company’s stock valued at $423,000 after buying an additional 434 shares in the last quarter.

Franklin Systematic Style Premia ETF Stock Performance

FLSP stock opened at $26.39 on Friday. Franklin Systematic Style Premia ETF has a 1 year low of $21.72 and a 1 year high of $26.69. The firm has a market cap of $525.16 million, a P/E ratio of 18.32 and a beta of 0.02. The stock has a 50-day simple moving average of $25.91 and a 200-day simple moving average of $24.87.

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.