Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Reaches New 1-Year High at $57.06

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)’s share price hit a new 52-week high on Monday . The stock traded as high as $57.06 and last traded at $57.04, with a volume of 30071 shares. The stock had previously closed at $56.97.

Franklin U.S. Large Cap Multifactor Index ETF Stock Down 0.2 %

The company has a market cap of $1.36 billion, a price-to-earnings ratio of 21.41 and a beta of 1.01. The company’s fifty day moving average price is $55.85 and its two-hundred day moving average price is $54.17.

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

Several institutional investors have recently bought and sold shares of the business. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 54.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 10,910 shares of the company’s stock worth $521,000 after purchasing an additional 3,835 shares during the last quarter. Wells Fargo & Company MN increased its position in Franklin U.S. Large Cap Multifactor Index ETF by 2.2% in the 4th quarter. Wells Fargo & Company MN now owns 140,620 shares of the company’s stock valued at $6,710,000 after acquiring an additional 2,972 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 7.7% in the fourth quarter. Franklin Resources Inc. now owns 9,519,384 shares of the company’s stock worth $454,265,000 after acquiring an additional 681,109 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 58.3% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 93,614 shares of the company’s stock worth $4,467,000 after purchasing an additional 34,487 shares in the last quarter. Finally, Park Avenue Securities LLC lifted its position in shares of 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 purchasing an additional 367 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.