CIBC Private Wealth Group LLC Has $35,000 Holdings in Franklin Systematic Style Premia ETF (NYSEARCA:FLSP)

CIBC Private Wealth Group LLC lessened its holdings in shares of Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) by 45.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,461 shares of the company’s stock after selling 1,214 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Franklin Systematic Style Premia ETF were worth $35,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in FLSP. Tredje AP fonden bought a new position in Franklin Systematic Style Premia ETF during the 4th quarter worth about $95,640,000. Franklin Resources Inc. increased its holdings in Franklin Systematic Style Premia ETF by 4.9% during the 3rd quarter. Franklin Resources Inc. now owns 5,530,578 shares of the company’s stock worth $134,006,000 after purchasing an additional 258,932 shares in the last quarter. Jane Street Group LLC bought a new position in Franklin Systematic Style Premia ETF during the 3rd quarter worth about $1,182,000. Retireful LLC bought a new position in Franklin Systematic Style Premia ETF during the 4th quarter worth about $802,000. Finally, LPL Financial LLC increased its holdings in Franklin Systematic Style Premia ETF by 64.1% during the 4th quarter. LPL Financial LLC now owns 45,788 shares of the company’s stock worth $1,095,000 after purchasing an additional 17,885 shares in the last quarter.

Franklin Systematic Style Premia ETF Trading Down 2.4 %

FLSP stock opened at $23.46 on Thursday. The stock has a 50-day moving average price of $24.06 and a two-hundred day moving average price of $24.01. The stock has a market cap of $302.63 million, a PE ratio of 18.93 and a beta of -0.03. Franklin Systematic Style Premia ETF has a 1 year low of $21.72 and a 1 year high of $26.00.

Franklin Systematic Style Premia ETF 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.