Orion Portfolio Solutions LLC Has $18.17 Million Stock Holdings in Franklin Systematic Style Premia ETF (NYSEARCA:FLSP)

Orion Portfolio Solutions LLC decreased its position in shares of Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 759,975 shares of the company’s stock after selling 22,488 shares during the quarter. Orion Portfolio Solutions LLC owned 0.10% of Franklin Systematic Style Premia ETF worth $18,171,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of FLSP. Tredje AP fonden acquired a new position in shares of Franklin Systematic Style Premia ETF in the 4th quarter valued at about $95,640,000. Franklin Resources Inc. raised its holdings in shares of 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 worth $134,006,000 after purchasing an additional 258,932 shares during the period. Jane Street Group LLC purchased a new stake in Franklin Systematic Style Premia ETF in the 3rd quarter worth about $1,182,000. Retireful LLC purchased a new stake in shares of Franklin Systematic Style Premia ETF during the fourth quarter worth $802,000. Finally, LPL Financial LLC increased its position in shares of Franklin Systematic Style Premia ETF by 64.1% during the fourth quarter. LPL Financial LLC now owns 45,788 shares of the company’s stock valued at $1,095,000 after buying an additional 17,885 shares during the period.

Franklin Systematic Style Premia ETF Price Performance

Shares of NYSEARCA:FLSP opened at $24.46 on Friday. The firm has a market capitalization of $311.87 million, a price-to-earnings ratio of 18.22 and a beta of 0.03. The company’s fifty day moving average price is $24.03 and its 200-day moving average price is $24.01. Franklin Systematic Style Premia ETF has a one year low of $21.72 and a one year high of $25.75.

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.