PFG Advisors Purchases 7,126 Shares of Franklin Systematic Style Premia ETF (NYSEARCA:FLSP)

PFG Advisors raised its stake in shares of Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) by 37.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,991 shares of the company’s stock after buying an additional 7,126 shares during the quarter. PFG Advisors owned about 0.34% of Franklin Systematic Style Premia ETF worth $621,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC purchased a new stake in Franklin Systematic Style Premia ETF during the 3rd quarter valued at approximately $1,182,000. Franklin Resources Inc. boosted its stake in Franklin Systematic Style Premia ETF by 4.9% during the third quarter. Franklin Resources Inc. now owns 5,530,578 shares of the company’s stock worth $134,006,000 after buying an additional 258,932 shares during the period. First Horizon Advisors Inc. purchased a new position in Franklin Systematic Style Premia ETF during the third quarter worth $69,000. Retireful LLC purchased a new position in Franklin Systematic Style Premia ETF during the fourth quarter worth $802,000. Finally, Empirical Asset Management LLC boosted its stake in Franklin Systematic Style Premia ETF by 1.9% during the fourth quarter. Empirical Asset Management LLC now owns 38,283 shares of the company’s stock worth $915,000 after buying an additional 725 shares during the period.

Franklin Systematic Style Premia ETF Trading Up 0.8 %

NYSEARCA:FLSP opened at $24.07 on Friday. Franklin Systematic Style Premia ETF has a twelve month low of $21.72 and a twelve month high of $25.75. The company has a market cap of $306.89 million, a price-to-earnings ratio of 16.98 and a beta of 0.03. The stock has a fifty day simple moving average of $23.97 and a 200-day simple moving average of $23.99.

Franklin Systematic Style Premia ETF Company 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.