Brookstone Capital Management Buys 14,474 Shares of Franklin U.S. Large Cap Multifactor Index ETF $FLQL

Brookstone Capital Management lifted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 10.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 156,377 shares of the company’s stock after acquiring an additional 14,474 shares during the quarter. Brookstone Capital Management owned about 0.64% of Franklin U.S. Large Cap Multifactor Index ETF worth $9,877,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 7.3% during the 1st quarter. Bank of New York Mellon Corp now owns 930,517 shares of the company’s stock worth $52,518,000 after acquiring an additional 63,104 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 26.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 150,138 shares of the company’s stock worth $8,474,000 after purchasing an additional 31,510 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 8.8% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 15,490 shares of the company’s stock worth $874,000 after purchasing an additional 1,250 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 2.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 11,655 shares of the company’s stock worth $658,000 after purchasing an additional 241 shares during the last quarter. Finally, Concurrent Investment Advisors LLC acquired a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 2nd quarter worth about $200,000.

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

BATS FLQL opened at $67.87 on Thursday. Franklin U.S. Large Cap Multifactor Index ETF has a twelve month low of $48.65 and a twelve month high of $64.48. The stock has a market capitalization of $1.65 billion, a PE ratio of 24.11 and a beta of 0.95. The stock has a 50-day simple moving average of $67.27 and a 200 day simple moving average of $62.63.

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.