Retireful LLC Purchases New Position in Franklin Systematic Style Premia ETF (NYSEARCA:FLSP)

Retireful LLC acquired a new stake in Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 33,549 shares of the company’s stock, valued at approximately $802,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. First Horizon Advisors Inc. acquired a new stake in shares of Franklin Systematic Style Premia ETF in the third quarter valued at about $69,000. Integrated Wealth Concepts LLC purchased a new position in Franklin Systematic Style Premia ETF in the 3rd quarter worth approximately $286,000. Brookstone Capital Management boosted its holdings in Franklin Systematic Style Premia ETF by 11.5% in the 3rd quarter. Brookstone Capital Management now owns 14,719 shares of the company’s stock worth $355,000 after acquiring an additional 1,524 shares during the period. Dynamic Advisor Solutions LLC acquired a new stake in Franklin Systematic Style Premia ETF in the third quarter valued at approximately $454,000. Finally, Empirical Asset Management LLC raised its stake in shares of Franklin Systematic Style Premia ETF by 240.7% during the third quarter. Empirical Asset Management LLC now owns 37,558 shares of the company’s stock valued at $905,000 after purchasing an additional 26,535 shares during the period.

Franklin Systematic Style Premia ETF Trading Down 0.4 %

FLSP opened at $23.97 on Friday. Franklin Systematic Style Premia ETF has a twelve month low of $21.72 and a twelve month high of $25.75. The firm has a market cap of $184.57 million, a price-to-earnings ratio of 14.25 and a beta of 0.18. The company has a fifty day simple moving average of $24.00 and a 200 day simple moving average of $23.92.

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.