Private Advisor Group LLC Has $1.16 Million Holdings in Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS)

Private Advisor Group LLC decreased its stake in shares of Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) by 2.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,936 shares of the company’s stock after selling 708 shares during the period. Private Advisor Group LLC owned about 3.15% of Franklin U.S. Small Cap Multifactor Index ETF worth $1,163,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of FLQS. Cetera Advisors LLC purchased a new position in Franklin U.S. Small Cap Multifactor Index ETF in the first quarter worth $445,000. Harbour Investments Inc. grew its position in Franklin U.S. Small Cap Multifactor Index ETF by 148.9% during the second quarter. Harbour Investments Inc. now owns 12,479 shares of the company’s stock worth $485,000 after buying an additional 7,466 shares in the last quarter. Finally, Cornerstone Wealth Management LLC grew its position in Franklin U.S. Small Cap Multifactor Index ETF by 5.2% during the first quarter. Cornerstone Wealth Management LLC now owns 32,990 shares of the company’s stock worth $1,340,000 after buying an additional 1,644 shares in the last quarter.

Franklin U.S. Small Cap Multifactor Index ETF Stock Up 2.5 %

Franklin U.S. Small Cap Multifactor Index ETF stock opened at $41.03 on Monday. The business has a 50-day simple moving average of $40.63 and a 200 day simple moving average of $39.65. Franklin U.S. Small Cap Multifactor Index ETF has a 52 week low of $24.33 and a 52 week high of $26.92. The stock has a market cap of $38.98 million, a price-to-earnings ratio of 12.45 and a beta of 1.02.

Franklin U.S. Small Cap Multifactor Index ETF Company Profile

The Franklin U.S. Small Cap Multifactor Index ETF (FLQS) is an exchange-traded fund that is based on the LibertyQ US Small Cap Equity index. The fund tracks a multi-factor US small-cap index based on a composite scores of quality, value, momentum, and low-volatility. FLQS was launched on Apr 26, 2017 and is managed by Franklin Templeton.