Commonwealth Equity Services LLC Has $2.18 Million Position in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)

Commonwealth Equity Services LLC grew its position in shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 5.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,189 shares of the company’s stock after purchasing an additional 1,994 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Franklin U.S. Large Cap Multifactor Index ETF were worth $2,181,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in FLQL. Avantax Advisory Services Inc. grew its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 8.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 102,747 shares of the company’s stock worth $6,025,000 after purchasing an additional 8,084 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 4th quarter valued at about $30,157,000. Atria Investments Inc raised its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 4.1% during the fourth quarter. Atria Investments Inc now owns 243,841 shares of the company’s stock worth $14,299,000 after acquiring an additional 9,540 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 0.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 886,481 shares of the company’s stock worth $51,983,000 after acquiring an additional 7,452 shares during the period. Finally, Jones Financial Companies Lllp boosted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 37.2% in the fourth quarter. Jones Financial Companies Lllp now owns 66,466 shares of the company’s stock valued at $3,898,000 after acquiring an additional 18,022 shares during the last quarter.

Franklin U.S. Large Cap Multifactor Index ETF Stock Performance

Franklin U.S. Large Cap Multifactor Index ETF stock opened at $57.26 on Friday. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of 23.51 and a beta of 0.95. Franklin U.S. Large Cap Multifactor Index ETF has a 52-week low of $49.84 and a 52-week high of $62.31. The firm has a 50 day moving average price of $59.60 and a two-hundred day moving average price of $59.17.

Franklin U.S. Large Cap Multifactor Index ETF 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.