Cetera Investment Advisers Raises Stock Position in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)

Cetera Investment Advisers grew its holdings in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 10.7% in the 4th quarter, HoldingsChannel reports. The firm owned 270,704 shares of the company’s stock after purchasing an additional 26,159 shares during the quarter. Cetera Investment Advisers’ holdings in Franklin U.S. Large Cap Multifactor Index ETF were worth $15,874,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Park Avenue Securities LLC grew its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 2.8% in the fourth quarter. Park Avenue Securities LLC now owns 7,815 shares of the company’s stock worth $458,000 after acquiring an additional 210 shares in the last quarter. World Investment Advisors grew its stake in Franklin U.S. Large Cap Multifactor Index ETF by 0.4% during the 4th quarter. World Investment Advisors now owns 784,170 shares of the company’s stock worth $45,984,000 after purchasing an additional 3,168 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 15.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 262,473 shares of the company’s stock worth $15,263,000 after purchasing an additional 35,715 shares during the period. D.A. Davidson & CO. raised its position in Franklin U.S. Large Cap Multifactor Index ETF by 3.3% in the 4th quarter. D.A. Davidson & CO. now owns 8,016 shares of the company’s stock valued at $470,000 after purchasing an additional 254 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 7.0% in the 4th quarter. Bank of New York Mellon Corp now owns 867,413 shares of the company’s stock valued at $50,865,000 after buying an additional 57,011 shares during the period.

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

Shares of Franklin U.S. Large Cap Multifactor Index ETF stock opened at $57.63 on Friday. The business has a 50-day simple moving average of $55.67 and a 200-day simple moving average of $58.51. The company has a market cap of $1.35 billion, a PE ratio of 24.44 and a beta of 0.94. Franklin U.S. Large Cap Multifactor Index ETF has a one year low of $48.65 and a one year high of $62.31.

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.