Raymond James Financial Inc. Takes $30.16 Million Position in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)

Raymond James Financial Inc. purchased a new stake in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 514,275 shares of the company’s stock, valued at approximately $30,157,000.

A number of other institutional investors have also modified their holdings of FLQL. Decker Retirement Planning Inc. acquired a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the 4th quarter worth approximately $36,000. Assetmark Inc. boosted its stake in Franklin U.S. Large Cap Multifactor Index ETF by 102.0% in the 3rd quarter. Assetmark Inc. now owns 1,010 shares of the company’s stock worth $59,000 after purchasing an additional 510 shares in the last quarter. FMR LLC raised its position in Franklin U.S. Large Cap Multifactor Index ETF by 30.7% during the 3rd quarter. FMR LLC now owns 4,034 shares of the company’s stock worth $235,000 after buying an additional 948 shares during the last quarter. Park Avenue Securities LLC raised its position in Franklin U.S. Large Cap Multifactor Index ETF by 2.8% during the 4th quarter. Park Avenue Securities LLC now owns 7,815 shares of the company’s stock worth $458,000 after buying an additional 210 shares during the last quarter. Finally, D.A. Davidson & CO. raised its position in Franklin U.S. Large Cap Multifactor Index ETF by 3.3% during the 4th quarter. D.A. Davidson & CO. now owns 8,016 shares of the company’s stock worth $470,000 after buying an additional 254 shares during the last quarter.

Franklin U.S. Large Cap Multifactor Index ETF Trading Down 2.8 %

FLQL opened at $56.75 on Friday. Franklin U.S. Large Cap Multifactor Index ETF has a 12-month low of $25.40 and a 12-month high of $30.32. The firm has a market capitalization of $1.43 billion, a PE ratio of 25.02 and a beta of 0.95. The firm has a 50 day moving average of $59.91 and a two-hundred day moving average of $59.11.

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.