Cornerstone Wealth Management LLC Purchases 3,622 Shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)

Cornerstone Wealth Management LLC boosted its holdings in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 4.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 89,948 shares of the company’s stock after buying an additional 3,622 shares during the quarter. Cornerstone Wealth Management LLC owned approximately 0.38% of Franklin U.S. Large Cap Multifactor Index ETF worth $5,275,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Park Avenue Securities LLC grew its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 2.8% in the 4th quarter. Park Avenue Securities LLC now owns 7,815 shares of the company’s stock valued at $458,000 after buying an additional 210 shares during the last quarter. Assetmark Inc. boosted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 102.0% in the third quarter. Assetmark Inc. now owns 1,010 shares of the company’s stock valued at $59,000 after acquiring an additional 510 shares during the last quarter. Decker Retirement Planning Inc. acquired a new stake in Franklin U.S. Large Cap Multifactor Index ETF during the 4th quarter valued at approximately $36,000. FMR LLC raised its holdings 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 purchasing an additional 948 shares during the last quarter. Finally, Brookstone Capital Management raised its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 0.7% during the 4th quarter. Brookstone Capital Management now owns 137,846 shares of the company’s stock worth $8,083,000 after purchasing an additional 1,020 shares during the last quarter.

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

BATS:FLQL opened at $61.32 on Friday. Franklin U.S. Large Cap Multifactor Index ETF has a 52 week low of $25.40 and a 52 week high of $30.32. The firm’s fifty day moving average is $59.80 and its 200-day moving average is $58.00. The firm has a market cap of $1.47 billion, a P/E ratio of 21.41 and a beta of 1.01.

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.