Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Sets New 52-Week High at $57.06

Shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) 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 Performance

The firm has a market capitalization of $1.37 billion, a PE ratio of 21.41 and a beta of 1.01. The company’s fifty day moving average price is $55.84 and its two-hundred day moving average price is $54.08.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. International Assets Investment Management LLC purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF in the second quarter valued at approximately $34,000. Cullen Frost Bankers Inc. purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF in the second quarter valued at approximately $105,000. Concurrent Investment Advisors LLC purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF in the first quarter valued at approximately $202,000. Park Avenue Securities LLC raised its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 5.7% in the first quarter. Park Avenue Securities LLC now owns 6,767 shares of the company’s stock valued at $360,000 after buying an additional 367 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 54.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 10,910 shares of the company’s stock valued at $521,000 after buying an additional 3,835 shares during the period.

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.