Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Sets New 12-Month High – Here’s What Happened

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $59.61 and last traded at $61.33, with a volume of 29450 shares traded. The stock had previously closed at $58.39.

Franklin U.S. Large Cap Multifactor Index ETF Stock Up 5.2 %

The company has a market capitalization of $1.47 billion, a P/E ratio of 21.41 and a beta of 1.01. The business has a 50 day moving average of $60.11 and a 200 day moving average of $58.42.

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

Several institutional investors have recently bought and sold shares of FLQL. Decker Retirement Planning Inc. acquired a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 4th quarter valued at $36,000. Assetmark Inc. raised its position in Franklin U.S. Large Cap Multifactor Index ETF by 102.0% in the third quarter. Assetmark Inc. now owns 1,010 shares of the company’s stock valued at $59,000 after purchasing an additional 510 shares during the period. FMR LLC lifted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 30.7% during the third quarter. FMR LLC now owns 4,034 shares of the company’s stock worth $235,000 after purchasing an additional 948 shares in the last quarter. Modern Wealth Management LLC purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the fourth quarter worth about $401,000. Finally, Park Avenue Securities LLC grew its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 2.8% in the fourth quarter. Park Avenue Securities LLC now owns 7,815 shares of the company’s stock valued at $458,000 after buying an additional 210 shares in 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.