Brookstone Capital Management Has $8.08 Million Holdings in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)

Brookstone Capital Management lifted its position in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 0.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 137,846 shares of the company’s stock after purchasing an additional 1,020 shares during the quarter. Brookstone Capital Management’s holdings in Franklin U.S. Large Cap Multifactor Index ETF were worth $8,083,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC bought a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 2nd quarter valued at approximately $63,804,000. World Investment Advisors LLC acquired a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the 3rd quarter valued at $45,415,000. Kingsview Wealth Management LLC bought a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the third quarter valued at $3,188,000. JPMorgan Chase & Co. raised its stake in Franklin U.S. Large Cap Multifactor Index ETF by 15.8% during the third quarter. JPMorgan Chase & Co. now owns 262,473 shares of the company’s stock worth $15,263,000 after acquiring an additional 35,715 shares in the last quarter. Finally, Susquehanna International Group LLP lifted its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 51.5% during the second quarter. Susquehanna International Group LLP now owns 85,808 shares of the company’s stock valued at $4,769,000 after acquiring an additional 29,162 shares during the period.

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

FLQL opened at $58.30 on Tuesday. The firm has a market cap of $1.40 billion, a price-to-earnings ratio of 21.41 and a beta of 1.01. The firm’s 50-day simple moving average is $59.82 and its 200-day simple moving average is $57.83. Franklin U.S. Large Cap Multifactor Index ETF has a twelve month low of $25.40 and a twelve month high of $30.32.

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.