Commonwealth Equity Services LLC Has $2.18 Million Position in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)

Commonwealth Equity Services LLC lifted its position in shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 5.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,189 shares of the company’s stock after acquiring an additional 1,994 shares during the period. Commonwealth Equity Services LLC owned approximately 0.16% of Franklin U.S. Large Cap Multifactor Index ETF worth $2,181,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in FLQL. Park Avenue Securities LLC lifted its stake in Franklin U.S. Large Cap Multifactor Index ETF by 2.8% during the fourth quarter. Park Avenue Securities LLC now owns 7,815 shares of the company’s stock worth $458,000 after purchasing an additional 210 shares during the last quarter. FMR LLC lifted its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 30.7% during the 3rd quarter. FMR LLC now owns 4,034 shares of the company’s stock worth $235,000 after buying an additional 948 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Franklin U.S. Large Cap Multifactor Index ETF by 15.8% in the third quarter. JPMorgan Chase & Co. now owns 262,473 shares of the company’s stock valued at $15,263,000 after buying an additional 35,715 shares in the last quarter. D.A. Davidson & CO. grew its position in Franklin U.S. Large Cap Multifactor Index ETF by 3.3% in the fourth quarter. D.A. Davidson & CO. now owns 8,016 shares of the company’s stock valued at $470,000 after acquiring an additional 254 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Franklin U.S. Large Cap Multifactor Index ETF by 7.0% during the fourth quarter. Bank of New York Mellon Corp now owns 867,413 shares of the company’s stock worth $50,865,000 after acquiring an additional 57,011 shares in the last quarter.

Franklin U.S. Large Cap Multifactor Index ETF Trading Down 1.9 %

FLQL stock opened at $57.26 on Friday. The firm has a 50-day moving average price of $59.60 and a 200-day moving average price of $59.17. Franklin U.S. Large Cap Multifactor Index ETF has a 12 month low of $49.84 and a 12 month high of $62.31. The stock has a market capitalization of $1.43 billion, a P/E ratio of 23.51 and a beta of 0.95.

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.