Cetera Investment Advisers Has $37.98 Million Stock Position in Franklin U.S. Large Cap Multifactor Index ETF $FLQL

Cetera Investment Advisers lifted its position in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 3.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 561,524 shares of the company’s stock after buying an additional 21,290 shares during the period. Cetera Investment Advisers owned about 2.32% of Franklin U.S. Large Cap Multifactor Index ETF worth $37,981,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Nations Financial Group Inc. IA ADV raised its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 125.2% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 15,177 shares of the company’s stock worth $1,052,000 after purchasing an additional 8,439 shares during the period. Sequent Planning LLC increased its stake in Franklin U.S. Large Cap Multifactor Index ETF by 12.6% during the 4th quarter. Sequent Planning LLC now owns 184,040 shares of the company’s stock worth $12,760,000 after purchasing an additional 20,614 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Franklin U.S. Large Cap Multifactor Index ETF by 12.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 448,344 shares of the company’s stock worth $30,326,000 after purchasing an additional 50,907 shares in the last quarter. Howard Capital Management Inc. increased its stake in Franklin U.S. Large Cap Multifactor Index ETF by 82.6% during the 4th quarter. Howard Capital Management Inc. now owns 228,120 shares of the company’s stock worth $15,816,000 after purchasing an additional 103,215 shares in the last quarter. Finally, Elevation Capital Advisory LLC acquired a new stake in Franklin U.S. Large Cap Multifactor Index ETF during the 4th quarter worth approximately $5,454,000.

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

Shares of FLQL opened at $76.82 on Friday. Franklin U.S. Large Cap Multifactor Index ETF has a twelve month low of $63.30 and a twelve month high of $78.78. The firm’s 50 day moving average price is $77.30 and its two-hundred day moving average price is $73.38. The firm has a market cap of $1.86 billion, a P/E ratio of 24.11 and a beta of 0.95.

Franklin U.S. Large Cap Multifactor Index ETF Company 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. FLQL was launched on Apr 26, 2017 and is managed by Franklin Templeton.