Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Reaches New 52-Week High at $57.52

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) shares reached a new 52-week high during trading on Monday . The stock traded as high as $57.52 and last traded at $57.15, with a volume of 52854 shares traded. The stock had previously closed at $57.10.

Franklin U.S. Large Cap Multifactor Index ETF Stock Up 0.1 %

The company has a 50 day simple moving average of $54.59 and a two-hundred day simple moving average of $52.09. The company has a market capitalization of $1.37 billion, a P/E ratio of 21.41 and a beta of 1.01.

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

A number of institutional investors and hedge funds have recently modified their holdings of FLQL. Cornerstone Wealth Management LLC boosted its stake in Franklin U.S. Large Cap Multifactor Index ETF by 1,224.1% during the fourth quarter. Cornerstone Wealth Management LLC now owns 79,484 shares of the company’s stock worth $3,793,000 after buying an additional 73,481 shares during the period. Brookstone Capital Management boosted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 2.1% during the 4th quarter. Brookstone Capital Management now owns 148,905 shares of the company’s stock worth $7,106,000 after purchasing an additional 3,038 shares during the period. Raymond James & Associates grew its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 107.4% during the 4th quarter. Raymond James & Associates now owns 16,551 shares of the company’s stock valued at $790,000 after purchasing an additional 8,572 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Franklin U.S. Large Cap Multifactor Index ETF by 3.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 2,426,965 shares of the company’s stock worth $115,815,000 after purchasing an additional 70,494 shares during the period. Finally, Lockerman Financial Group Inc. lifted its stake in 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 purchasing an additional 447 shares during the last quarter.

About Franklin U.S. Large Cap Multifactor Index ETF

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.