Private Advisor Group LLC Boosts Stock Position in Franklin Systematic Style Premia ETF $FLSP

Private Advisor Group LLC raised its holdings in Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) by 119.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,069 shares of the company’s stock after buying an additional 20,175 shares during the period. Private Advisor Group LLC owned about 0.14% of Franklin Systematic Style Premia ETF worth $1,008,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of FLSP. National Bank of Canada FI acquired a new position in shares of Franklin Systematic Style Premia ETF during the 3rd quarter worth about $27,000. Assetmark Inc. lifted its stake in Franklin Systematic Style Premia ETF by 1,558.1% during the fourth quarter. Assetmark Inc. now owns 1,426 shares of the company’s stock worth $38,000 after purchasing an additional 1,340 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in Franklin Systematic Style Premia ETF during the fourth quarter worth approximately $68,000. Raymond James Financial Inc. acquired a new position in Franklin Systematic Style Premia ETF in the second quarter valued at approximately $117,000. Finally, Elyxium Wealth LLC acquired a new position in Franklin Systematic Style Premia ETF in the fourth quarter valued at approximately $217,000.

Franklin Systematic Style Premia ETF Trading Up 0.5%

FLSP stock opened at $27.77 on Tuesday. The stock has a market cap of $1.01 billion, a P/E ratio of 18.32 and a beta of 0.04. Franklin Systematic Style Premia ETF has a twelve month low of $24.05 and a twelve month high of $29.01. The company’s 50 day moving average is $27.37 and its two-hundred day moving average is $27.21.

Franklin Systematic Style Premia ETF Company 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.