Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Sets New 52-Week High at $51.57

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $51.57 and last traded at $51.28, with a volume of 21688 shares changing hands. The stock had previously closed at $51.32.

Franklin U.S. Large Cap Multifactor Index ETF Stock Performance

The company has a market cap of $1.23 billion, a PE ratio of 20.47 and a beta of 1.00. The business’s 50-day moving average is $51.96 and its 200 day moving average is $48.54.

Institutional Investors Weigh In On Franklin U.S. Large Cap Multifactor Index ETF

Several institutional investors have recently bought and sold shares of FLQL. Lockerman Financial Group Inc. lifted its position in Franklin U.S. Large Cap Multifactor Index ETF by 8.1% in the fourth quarter. Lockerman Financial Group Inc. now owns 5,949 shares of the company’s stock valued at $284,000 after purchasing an additional 447 shares during the last quarter. Park Avenue Securities LLC bought a new stake in Franklin U.S. Large Cap Multifactor Index ETF during the 3rd quarter valued at $260,000. Envestnet Portfolio Solutions Inc. bought a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the 3rd quarter worth $305,000. Raymond James & Associates increased its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 49.8% in the third quarter. Raymond James & Associates now owns 7,979 shares of the company’s stock valued at $344,000 after acquiring an additional 2,654 shares during the period. Finally, Key Client Fiduciary Advisors LLC increased its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 4.1% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 12,550 shares of the company’s stock valued at $599,000 after purchasing an additional 500 shares during the period.

About Franklin U.S. Large Cap Multifactor Index ETF

The Franklin U.S. Large Cap Multifactor Index ETF (FLQL) is an exchange-traded fund that is based on the LibertyQ US Large Cap Equity index. The fund tracks a multi-factor US large-cap index. Stocks are selected and weighted based on a combination of quality, value, momentum, and low-volatility factors.