Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Reaches New 12-Month High at $51.57

Shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) reached a new 52-week high on Monday . The company traded as high as $51.57 and last traded at $51.28, with a volume of 21688 shares traded. The stock had previously closed at $51.32.

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

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Atria Investments Inc grew its stake in Franklin U.S. Large Cap Multifactor Index ETF by 379.4% during the 3rd quarter. Atria Investments Inc now owns 165,172 shares of the company’s stock worth $7,114,000 after buying an additional 130,721 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 107.4% in the 4th quarter. Raymond James & Associates now owns 16,551 shares of the company’s stock valued at $790,000 after acquiring an additional 8,572 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the 3rd quarter valued at $305,000. Brookstone Capital Management increased its stake in Franklin U.S. Large Cap Multifactor Index ETF by 2.1% in the fourth quarter. Brookstone Capital Management now owns 148,905 shares of the company’s stock valued at $7,106,000 after purchasing an additional 3,038 shares during the period. Finally, LPL Financial LLC increased its stake in Franklin U.S. Large Cap Multifactor Index ETF by 6.4% in the third quarter. LPL Financial LLC now owns 204,124 shares of the company’s stock valued at $8,792,000 after purchasing an additional 12,222 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.