Simplicity Wealth LLC Takes $578,000 Position in Franklin Systematic Style Premia ETF $FLSP

Simplicity Wealth LLC acquired a new stake in shares of Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 21,263 shares of the company’s stock, valued at approximately $578,000. Simplicity Wealth LLC owned approximately 0.08% of Franklin Systematic Style Premia ETF as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of FLSP. National Bank of Canada FI bought a new position in Franklin Systematic Style Premia ETF in the 3rd quarter valued at about $27,000. Assetmark Inc. raised its position in shares of Franklin Systematic Style Premia ETF by 1,558.1% during the 4th quarter. Assetmark Inc. now owns 1,426 shares of the company’s stock worth $38,000 after buying an additional 1,340 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Franklin Systematic Style Premia ETF in the 4th quarter worth approximately $68,000. Raymond James Financial Inc. acquired a new stake in shares of Franklin Systematic Style Premia ETF in the 2nd quarter worth approximately $117,000. Finally, Elyxium Wealth LLC bought a new position in shares of Franklin Systematic Style Premia ETF in the fourth quarter valued at approximately $217,000.

Franklin Systematic Style Premia ETF Price Performance

NYSEARCA FLSP opened at $27.77 on Tuesday. Franklin Systematic Style Premia ETF has a 12 month low of $24.05 and a 12 month high of $29.01. The firm has a market capitalization of $1.01 billion, a PE ratio of 18.32 and a beta of 0.04. The company’s 50 day simple moving average is $27.37 and its 200 day simple moving average is $27.21.

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.