Tredje AP fonden Acquires Shares of 4,000,000 Franklin Systematic Style Premia ETF (NYSEARCA:FLSP)

Tredje AP fonden acquired a new stake in shares of Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,000,000 shares of the company’s stock, valued at approximately $95,640,000. Franklin Systematic Style Premia ETF makes up 0.9% of Tredje AP fonden’s investment portfolio, making the stock its 26th largest position. Tredje AP fonden owned approximately 51.95% of Franklin Systematic Style Premia ETF at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in FLSP. Franklin Resources Inc. lifted its position in Franklin Systematic Style Premia ETF by 4.9% in the 3rd quarter. Franklin Resources Inc. now owns 5,530,578 shares of the company’s stock valued at $134,006,000 after acquiring an additional 258,932 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Franklin Systematic Style Premia ETF during the 3rd quarter worth approximately $1,182,000. Retireful LLC purchased a new stake in shares of Franklin Systematic Style Premia ETF during the 4th quarter worth approximately $802,000. Integrated Wealth Concepts LLC bought a new position in Franklin Systematic Style Premia ETF in the 3rd quarter worth approximately $286,000. Finally, PFG Advisors boosted its holdings in Franklin Systematic Style Premia ETF by 37.8% in the 4th quarter. PFG Advisors now owns 25,991 shares of the company’s stock worth $621,000 after buying an additional 7,126 shares during the period.

Franklin Systematic Style Premia ETF Price Performance

Shares of NYSEARCA:FLSP opened at $23.96 on Thursday. The firm has a fifty day moving average price of $23.97 and a two-hundred day moving average price of $23.99. Franklin Systematic Style Premia ETF has a one year low of $21.72 and a one year high of $25.75. The company has a market cap of $305.49 million, a price-to-earnings ratio of 16.98 and a beta of 0.03.

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.