Tredje AP fonden Purchases 4,050,000 Shares of Franklin Systematic Style Premia ETF $FLSP

Tredje AP fonden lifted its position in shares of Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) by 101.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,050,000 shares of the company’s stock after acquiring an additional 4,050,000 shares during the quarter. Franklin Systematic Style Premia ETF makes up approximately 1.6% of Tredje AP fonden’s portfolio, making the stock its 10th biggest position. Tredje AP fonden owned 0.38% of Franklin Systematic Style Premia ETF worth $216,626,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. National Bank of Canada FI acquired a new stake in shares of Franklin Systematic Style Premia ETF during the 3rd quarter valued at $27,000. Assetmark Inc. boosted its holdings in shares of Franklin Systematic Style Premia ETF by 1,558.1% during the 4th quarter. Assetmark Inc. now owns 1,426 shares of the company’s stock valued at $38,000 after acquiring an additional 1,340 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Franklin Systematic Style Premia ETF during the 2nd quarter valued at $117,000. Elyxium Wealth LLC acquired a new stake in shares of Franklin Systematic Style Premia ETF during the 4th quarter valued at $217,000. Finally, Osaic Holdings Inc. boosted its holdings in shares of Franklin Systematic Style Premia ETF by 458.3% during the 2nd quarter. Osaic Holdings Inc. now owns 16,246 shares of the company’s stock valued at $392,000 after acquiring an additional 13,336 shares in the last quarter.

Franklin Systematic Style Premia ETF Stock Down 0.2%

NYSEARCA FLSP opened at $27.17 on Tuesday. Franklin Systematic Style Premia ETF has a twelve month low of $23.90 and a twelve month high of $27.89. The company has a market cap of $741.74 million, a price-to-earnings ratio of 18.32 and a beta of 0.04. The business’s fifty day moving average is $27.14 and its 200 day moving average is $27.09.

Franklin Systematic Style Premia ETF Company 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. FLSP was launched on Dec 18, 2019 and is managed by Franklin Templeton.