Center For Asset Management LLC Makes New $1.04 Million Investment in Franklin Systematic Style Premia ETF $FLSP

Center For Asset Management LLC bought a new position in shares of Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) during the 1st quarter, HoldingsChannel reports. The fund bought 38,209 shares of the company’s stock, valued at approximately $1,039,000.

A number of other large investors have also made changes to their positions in FLSP. National Bank of Canada FI purchased a new stake in shares of Franklin Systematic Style Premia ETF in the third quarter valued at approximately $27,000. Assetmark Inc. lifted its position in Franklin Systematic Style Premia ETF by 1,558.1% during the fourth quarter. Assetmark Inc. now owns 1,426 shares of the company’s stock worth $38,000 after buying an additional 1,340 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in Franklin Systematic Style Premia ETF during the fourth quarter worth approximately $68,000. Raymond James Financial Inc. acquired a new position in Franklin Systematic Style Premia ETF during the second quarter worth $117,000. Finally, Elyxium Wealth LLC acquired a new position in Franklin Systematic Style Premia ETF during the fourth quarter worth $217,000.

Franklin Systematic Style Premia ETF Price Performance

Shares of NYSEARCA:FLSP opened at $27.70 on Monday. The business has a fifty day moving average of $27.26 and a two-hundred day moving average of $27.17. The stock has a market cap of $756.21 million, a P/E ratio of 18.32 and a beta of 0.04. Franklin Systematic Style Premia ETF has a 52-week low of $23.90 and a 52-week high of $29.01.

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.