Bank of New York Mellon Corp Boosts Holdings in Franklin U.S. Large Cap Multifactor Index ETF $FLQL

Bank of New York Mellon Corp grew its stake in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 6.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,094,134 shares of the company’s stock after purchasing an additional 63,545 shares during the quarter. Bank of New York Mellon Corp owned approximately 4.51% of Franklin U.S. Large Cap Multifactor Index ETF worth $74,007,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF in the 3rd quarter valued at about $39,000. Qube Research & Technologies Ltd acquired a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the 2nd quarter worth about $81,000. Comerica Bank increased its stake in Franklin U.S. Large Cap Multifactor Index ETF by 17.9% during the 4th quarter. Comerica Bank now owns 1,650 shares of the company’s stock worth $114,000 after buying an additional 250 shares in the last quarter. Larson Financial Group LLC purchased a new stake in Franklin U.S. Large Cap Multifactor Index ETF during the 4th quarter worth approximately $115,000. Finally, Harbour Investments Inc. raised its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 68.0% during the fourth quarter. Harbour Investments Inc. now owns 1,672 shares of the company’s stock valued at $116,000 after acquiring an additional 677 shares during the last quarter.

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

Shares of Franklin U.S. Large Cap Multifactor Index ETF stock opened at $77.73 on Wednesday. The stock has a market capitalization of $1.88 billion, a P/E ratio of 24.11 and a beta of 0.95. The business has a 50 day simple moving average of $77.29 and a two-hundred day simple moving average of $73.25. Franklin U.S. Large Cap Multifactor Index ETF has a 12 month low of $63.30 and a 12 month high of $78.78.

About Franklin U.S. Large Cap Multifactor Index ETF

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. FLQL was launched on Apr 26, 2017 and is managed by Franklin Templeton.