Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Reaches New 12-Month High at $52.23

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $52.23 and last traded at $51.19, with a volume of 25309 shares. The stock had previously closed at $51.80.

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

The business’s 50 day moving average is $51.97 and its 200 day moving average is $48.12. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 18.37 and a beta of 0.92.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in FLQL. Stifel Financial Corp increased its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 1.8% in the third quarter. Stifel Financial Corp now owns 13,641 shares of the company’s stock worth $588,000 after acquiring an additional 241 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 6.9% in the first quarter. JPMorgan Chase & Co. now owns 4,823 shares of the company’s stock worth $200,000 after acquiring an additional 310 shares during the period. Park Avenue Securities LLC increased its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 5.7% in the first quarter. Park Avenue Securities LLC now owns 6,767 shares of the company’s stock worth $360,000 after acquiring an additional 367 shares during the period. Lockerman Financial Group Inc. increased its stake in shares of 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 worth $284,000 after acquiring an additional 447 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 1.9% in the fourth quarter. Geneos Wealth Management Inc. now owns 27,086 shares of the company’s stock worth $1,293,000 after acquiring an additional 497 shares during the period.

Franklin U.S. Large Cap Multifactor Index ETF Company Profile

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.