Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Hits New 12-Month High at $57.85

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 $57.85 and last traded at $57.79, with a volume of 22459 shares traded. The stock had previously closed at $57.60.

Franklin U.S. Large Cap Multifactor Index ETF Stock Up 0.3 %

The company has a market capitalization of $1.38 billion, a P/E ratio of 21.41 and a beta of 1.01. The company has a 50 day simple moving average of $55.88 and a two-hundred day simple moving average of $54.28.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF during the second quarter worth about $34,000. Cullen Frost Bankers Inc. acquired a new position in Franklin U.S. Large Cap Multifactor Index ETF in the 2nd quarter valued at $105,000. Concurrent Investment Advisors LLC purchased a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 1st quarter worth $202,000. Park Avenue Securities LLC lifted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 5.7% during the 1st quarter. Park Avenue Securities LLC now owns 6,767 shares of the company’s stock worth $360,000 after purchasing an additional 367 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 8.2% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 11,809 shares of the company’s stock worth $629,000 after purchasing an additional 899 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.