Collaborative Fund Advisors LLC bought a new position in Franklin Systematic Style Premia ETF (NYSEARCA:FLSP – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 61,210 shares of the company’s stock, valued at approximately $1,751,000. Franklin Systematic Style Premia ETF accounts for 1.0% of Collaborative Fund Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding.
A number of other institutional investors have also recently bought and sold shares of the business. MGO One Seven LLC increased its holdings in Franklin Systematic Style Premia ETF by 5.8% in the 3rd quarter. MGO One Seven LLC now owns 30,646 shares of the company’s stock valued at $876,000 after buying an additional 1,682 shares during the period. Simplicity Wealth LLC lifted its holdings in shares of Franklin Systematic Style Premia ETF by 85.7% during the 3rd quarter. Simplicity Wealth LLC now owns 76,974 shares of the company’s stock worth $2,201,000 after acquiring an additional 35,530 shares during the period. IFP Advisors Inc lifted its holdings in shares of Franklin Systematic Style Premia ETF by 17,811.1% during the 3rd quarter. IFP Advisors Inc now owns 1,612 shares of the company’s stock worth $46,000 after acquiring an additional 1,603 shares during the period. Center For Asset Management LLC boosted its position in shares of Franklin Systematic Style Premia ETF by 14.0% during the 3rd quarter. Center For Asset Management LLC now owns 65,116 shares of the company’s stock valued at $1,862,000 after acquiring an additional 8,010 shares in the last quarter. Finally, KWB Wealth boosted its position in shares of Franklin Systematic Style Premia ETF by 1.4% during the 3rd quarter. KWB Wealth now owns 41,850 shares of the company’s stock valued at $1,197,000 after acquiring an additional 590 shares in the last quarter.
Franklin Systematic Style Premia ETF Stock Up 0.6%
NYSEARCA FLSP opened at $29.11 on Thursday. The stock has a market cap of $1.11 billion, a P/E ratio of 18.32 and a beta of 0.02. The company’s 50-day simple moving average is $28.77 and its 200 day simple moving average is $27.76. Franklin Systematic Style Premia ETF has a twelve month low of $26.46 and a twelve month high of $30.08.
About Franklin Systematic Style Premia ETF
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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