D.A. Davidson & CO. Reduces Position in Franklin Inc Equity Focus Etf (NYSEARCA:FLLV)

D.A. Davidson & CO. trimmed its stake in Franklin Inc Equity Focus Etf (NYSEARCA:FLLV) by 1.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,060 shares of the company’s stock after selling 345 shares during the period. D.A. Davidson & CO.’s holdings in Franklin Inc Equity Focus Etf were worth $1,749,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Cetera Advisors LLC grew its holdings in Franklin Inc Equity Focus Etf by 198.9% during the first quarter. Cetera Advisors LLC now owns 16,326 shares of the company’s stock valued at $892,000 after purchasing an additional 10,864 shares during the period. Fortis Group Advisors LLC grew its stake in shares of Franklin Inc Equity Focus Etf by 1.2% during the 2nd quarter. Fortis Group Advisors LLC now owns 18,190 shares of the company’s stock valued at $979,000 after acquiring an additional 208 shares during the period. Silver Oak Securities Incorporated bought a new position in shares of Franklin Inc Equity Focus Etf during the 3rd quarter valued at approximately $1,493,000. Cetera Investment Advisers increased its holdings in Franklin Inc Equity Focus Etf by 56.8% in the 1st quarter. Cetera Investment Advisers now owns 36,133 shares of the company’s stock worth $1,975,000 after acquiring an additional 13,088 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in Franklin Inc Equity Focus Etf by 5.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 116,975 shares of the company’s stock worth $6,299,000 after acquiring an additional 6,271 shares during the period.

Franklin Inc Equity Focus Etf Price Performance

FLLV opened at $58.96 on Friday. The company has a 50 day simple moving average of $57.78 and a two-hundred day simple moving average of $55.92. The firm has a market cap of $129.72 million, a P/E ratio of 25.70 and a beta of 0.75. Franklin Inc Equity Focus Etf has a 1-year low of $45.52 and a 1-year high of $54.69.

Franklin Inc Equity Focus Etf Company Profile

The Franklin U.S. Low Volatility ETF (FLLV) is an exchange-traded fund that is based on the Russell 1000 index. The fund is an actively-managed fund which seeks capital appreciation with lower volatility than the Russell 1000 Index. FLLV was launched on Sep 20, 2016 and is managed by Franklin Templeton.