Franklin U.S. Equity Index ETF (NYSEARCA:FLQG) Hits New 1-Year High at $45.11

Franklin U.S. Equity Index ETF (NYSEARCA:FLQG) reached a new 52-week high on Monday . The company traded as high as $45.11 and last traded at $44.25, with a volume of 86305 shares traded. The stock had previously closed at $44.80.

Franklin U.S. Equity Index ETF Stock Down 0.2 %

The company’s 50 day moving average is $44.42 and its two-hundred day moving average is $41.34. The company has a market capitalization of $951.65 million, a PE ratio of 22.74 and a beta of 0.85.

Institutional Investors Weigh In On Franklin U.S. Equity Index ETF

An institutional investor recently raised its position in Franklin U.S. Equity Index ETF stock. Bank of America Corp DE boosted its stake in shares of Franklin U.S. Equity Index ETF (NYSEARCA:FLQG) by 69.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 669 shares of the company’s stock after acquiring an additional 274 shares during the quarter. Bank of America Corp DE owned about 0.17% of Franklin U.S. Equity Index ETF worth $27,000 as of its most recent SEC filing.

Franklin U.S. Equity Index ETF Company Profile

The fund invests at least 80% of its assets in the component securities of the underlying index. The index is a free float-adjusted market capitalization weighted index that is maintained and calculated by Morningstar, Inc (Morningstar or index provider).