Janney Montgomery Scott LLC Acquires 50,907 Shares of Franklin U.S. Large Cap Multifactor Index ETF $FLQL

Janney Montgomery Scott LLC lifted its holdings in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 12.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 448,344 shares of the company’s stock after acquiring an additional 50,907 shares during the period. Janney Montgomery Scott LLC owned approximately 1.85% of Franklin U.S. Large Cap Multifactor Index ETF worth $30,326,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Wilmington Savings Fund Society FSB bought a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the 3rd quarter valued at about $39,000. Qube Research & Technologies Ltd bought a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF in the second quarter worth $81,000. Comerica Bank increased its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 17.9% in the 4th quarter. Comerica Bank now owns 1,650 shares of the company’s stock valued at $114,000 after buying an additional 250 shares during the period. Larson Financial Group LLC bought a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 4th quarter worth approximately $115,000. Finally, Harbour Investments Inc. lifted its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 68.0% during the 4th quarter. Harbour Investments Inc. now owns 1,672 shares of the company’s stock worth $116,000 after acquiring an additional 677 shares during the period.

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

Franklin U.S. Large Cap Multifactor Index ETF stock opened at $77.75 on Tuesday. Franklin U.S. Large Cap Multifactor Index ETF has a 52 week low of $62.68 and a 52 week high of $78.78. The stock has a market capitalization of $1.89 billion, a P/E ratio of 24.11 and a beta of 0.95. The stock has a fifty day moving average of $76.39 and a 200-day moving average of $72.37.

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.