Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Hits New 52-Week High at $51.69

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 $51.69 and last traded at $52.13, with a volume of 19580 shares. The stock had previously closed at $51.64.

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

The firm has a market cap of $1.25 billion, a PE ratio of 21.41 and a beta of 1.01. The firm’s 50-day moving average price is $51.99 and its two-hundred day moving average price is $48.95.

Institutional Trading of Franklin U.S. Large Cap Multifactor Index ETF

Institutional investors have recently modified their holdings of the stock. Concurrent Investment Advisors LLC purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 1st quarter worth approximately $202,000. Lockerman Financial Group Inc. lifted its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 8.1% during the 4th quarter. Lockerman Financial Group Inc. now owns 5,949 shares of the company’s stock worth $284,000 after buying an additional 447 shares during the last quarter. Park Avenue Securities LLC purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 3rd quarter worth approximately $260,000. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 3rd quarter valued at $305,000. Finally, Raymond James & Associates increased its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 49.8% in the 3rd 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.

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.