Janney Montgomery Scott LLC Reduces Position in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)

Janney Montgomery Scott LLC lessened its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 1.4% in the third quarter, HoldingsChannel.com reports. The firm owned 394,186 shares of the company’s stock after selling 5,562 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Franklin U.S. Large Cap Multifactor Index ETF were worth $22,922,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF during the second quarter valued at approximately $34,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF during the second quarter valued at approximately $105,000. Concurrent Investment Advisors LLC purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF during the first quarter valued at approximately $202,000. Park Avenue Securities LLC raised its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 5.4% during the third quarter. Park Avenue Securities LLC now owns 7,605 shares of the company’s stock valued at $442,000 after acquiring an additional 389 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 8.2% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 11,809 shares of the company’s stock valued at $629,000 after acquiring an additional 899 shares in the last quarter.

Franklin U.S. Large Cap Multifactor Index ETF Stock Down 0.2 %

Shares of Franklin U.S. Large Cap Multifactor Index ETF stock opened at $57.53 on Tuesday. The company has a market cap of $1.38 billion, a PE ratio of 21.41 and a beta of 1.01. The business has a 50 day moving average of $57.60 and a 200 day moving average of $55.56. Franklin U.S. Large Cap Multifactor Index ETF has a 52 week low of $25.40 and a 52 week high of $30.32.

Franklin U.S. Large Cap Multifactor Index ETF Company 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.