Sanctuary Advisors LLC purchased a new stake in shares of Franklin Systematic Style Premia ETF (NYSEARCA:FLSP – Free Report) in the 1st quarter, Holdings Channel reports. The institutional investor purchased 41,461 shares of the company’s stock, valued at approximately $1,128,000.
Several other hedge funds have also bought and sold shares of the stock. Simplicity Wealth LLC purchased a new stake in Franklin Systematic Style Premia ETF in the first quarter worth about $578,000. Capital Financial Group Inc. Co. ADV grew its stake in shares of Franklin Systematic Style Premia ETF by 8.8% during the 1st quarter. Capital Financial Group Inc. Co. ADV now owns 70,688 shares of the company’s stock valued at $1,923,000 after acquiring an additional 5,718 shares during the period. World Investment Advisors bought a new position in shares of Franklin Systematic Style Premia ETF during the 1st quarter valued at approximately $317,000. Private Advisor Group LLC grew its stake in shares of Franklin Systematic Style Premia ETF by 119.4% during the 1st quarter. Private Advisor Group LLC now owns 37,069 shares of the company’s stock valued at $1,008,000 after acquiring an additional 20,175 shares during the period. Finally, Peak Financial Advisors LLC purchased a new stake in Franklin Systematic Style Premia ETF in the 1st quarter worth approximately $18,183,000.
Franklin Systematic Style Premia ETF Trading Up 0.4%
NYSEARCA FLSP opened at $27.93 on Friday. Franklin Systematic Style Premia ETF has a 12 month low of $24.30 and a 12 month high of $29.01. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 18.32 and a beta of 0.04. The company’s 50 day moving average is $27.49 and its two-hundred day moving average is $27.26.
Franklin Systematic Style Premia ETF Profile
The Franklin Systematic Style Premia ETF (FLSP) is an exchange-traded fund that is based on the IQ Hedge Market Neutral index. The fund is an actively managed, absolute return fund that aims to produce positive returns in a rising or falling market by employing a multi-asset, long\u002Fshort strategy via the use of derivatives. FLSP was launched on Dec 18, 2019 and is managed by Franklin Templeton.
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Want to see what other hedge funds are holding FLSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin Systematic Style Premia ETF (NYSEARCA:FLSP – Free Report).
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