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

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQLGet Free Report) reached a new 52-week high on Monday . The stock traded as high as $59.61 and last traded at $57.48, with a volume of 29450 shares trading hands. The stock had previously closed at $58.39.

Franklin U.S. Large Cap Multifactor Index ETF Trading Down 3.6 %

The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 25.02 and a beta of 0.95. The firm has a 50 day moving average price of $60.05 and a two-hundred day moving average price of $59.16.

Hedge Funds Weigh In On Franklin U.S. Large Cap Multifactor Index ETF

Several hedge funds and other institutional investors have recently modified their holdings of FLQL. Decker Retirement Planning Inc. acquired a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 4th quarter valued at about $36,000. Assetmark Inc. lifted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 102.0% in the 3rd quarter. Assetmark Inc. now owns 1,010 shares of the company’s stock valued at $59,000 after purchasing an additional 510 shares in the last quarter. FMR LLC lifted its position in Franklin U.S. Large Cap Multifactor Index ETF by 30.7% during the 3rd quarter. FMR LLC now owns 4,034 shares of the company’s stock worth $235,000 after acquiring an additional 948 shares in the last quarter. Leigh Baldwin & CO. LLC purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF in the 4th quarter worth approximately $274,000. Finally, NewEdge Advisors LLC boosted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 3.7% in the 4th quarter. NewEdge Advisors LLC now owns 6,475 shares of the company’s stock worth $380,000 after acquiring an additional 232 shares during the period.

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

(Get Free Report)

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.

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