Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Sets New 52-Week High at $54.39

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $54.39 and last traded at $54.10, with a volume of 16997 shares changing hands. The stock had previously closed at $54.17.

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

The company’s 50 day simple moving average is $55.43 and its 200 day simple moving average is $53.18. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 21.41 and a beta of 1.01.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in FLQL. International Assets Investment Management LLC bought a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the second quarter worth about $34,000. Cullen Frost Bankers Inc. bought a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 2nd quarter worth approximately $105,000. Concurrent Investment Advisors LLC acquired a new stake in Franklin U.S. Large Cap Multifactor Index ETF during the first quarter valued at approximately $202,000. Park Avenue Securities LLC boosted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 5.7% during the first quarter. Park Avenue Securities LLC now owns 6,767 shares of the company’s stock worth $360,000 after buying an additional 367 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in Franklin U.S. Large Cap Multifactor Index ETF by 54.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 10,910 shares of the company’s stock worth $521,000 after buying an additional 3,835 shares during the last quarter.

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.