Howard Capital Management Inc. Has $8.55 Million Holdings in Franklin U.S. Large Cap Multifactor Index ETF $FLQL

Howard Capital Management Inc. raised its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 47.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 124,905 shares of the company’s stock after purchasing an additional 39,965 shares during the quarter. Howard Capital Management Inc. owned 0.52% of Franklin U.S. Large Cap Multifactor Index ETF worth $8,547,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Jane Street Group LLC bought a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the first quarter valued at about $1,365,000. Wealthcare Advisory Partners LLC lifted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 4.4% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 137,468 shares of the company’s stock valued at $8,682,000 after purchasing an additional 5,846 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF during the second quarter worth approximately $200,000. CWM LLC raised its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 17.5% in the second quarter. CWM LLC now owns 35,895 shares of the company’s stock valued at $2,267,000 after acquiring an additional 5,334 shares during the last quarter. Finally, Brookstone Capital Management grew its position in Franklin U.S. Large Cap Multifactor Index ETF by 10.2% during the 2nd quarter. Brookstone Capital Management now owns 156,377 shares of the company’s stock worth $9,877,000 after acquiring an additional 14,474 shares during the last quarter.

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

Shares of FLQL opened at $71.10 on Friday. The company has a market cap of $1.72 billion, a price-to-earnings ratio of 24.11 and a beta of 0.95. The stock has a fifty day moving average price of $70.10 and a two-hundred day moving average price of $68.04. Franklin U.S. Large Cap Multifactor Index ETF has a 52-week low of $48.65 and a 52-week high of $64.48.

Franklin U.S. Large Cap Multifactor Index ETF 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.