Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Hits New 52-Week High – What’s Next?

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $59.61 and last traded at $60.64, with a volume of 29450 shares. The stock had previously closed at $58.39.

Franklin U.S. Large Cap Multifactor Index ETF Stock Up 5.0 %

The company has a market cap of $1.47 billion, a P/E ratio of 21.41 and a beta of 1.01. The firm’s 50 day moving average is $59.80 and its two-hundred day moving average is $58.00.

Institutional Trading of Franklin U.S. Large Cap Multifactor Index ETF

Several institutional investors have recently modified their holdings of FLQL. Decker Retirement Planning Inc. acquired a new position in Franklin U.S. Large Cap Multifactor Index ETF in the fourth quarter valued at $36,000. Assetmark Inc. lifted its holdings 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 buying an additional 510 shares during the period. FMR LLC lifted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 30.7% in the third quarter. FMR LLC now owns 4,034 shares of the company’s stock valued at $235,000 after buying an additional 948 shares during the period. Park Avenue Securities LLC lifted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 5.4% in the third quarter. Park Avenue Securities LLC now owns 7,605 shares of the company’s stock valued at $442,000 after buying an additional 389 shares during the period. Finally, CWM LLC lifted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 503.5% in the third quarter. CWM LLC now owns 20,011 shares of the company’s stock valued at $1,164,000 after buying an additional 16,695 shares during the period.

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.