Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Hits New 1-Year High – What’s Next?

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQLGet Free Report) hit a new 52-week high on Monday . The company traded as high as $59.61 and last traded at $60.16, with a volume of 29450 shares traded. The stock had previously closed at $58.39.

Franklin U.S. Large Cap Multifactor Index ETF Trading Up 3.1 %

The company has a market capitalization of $1.52 billion, a PE ratio of 25.02 and a beta of 0.95. The business’s fifty day moving average is $60.28 and its two-hundred day moving average is $59.09.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Decker Retirement Planning Inc. purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF in the 4th quarter worth about $36,000. Assetmark Inc. raised its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 102.0% during the third quarter. Assetmark Inc. now owns 1,010 shares of the company’s stock valued at $59,000 after purchasing an additional 510 shares during the last quarter. FMR LLC raised its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 30.7% during the third quarter. FMR LLC now owns 4,034 shares of the company’s stock valued at $235,000 after purchasing an additional 948 shares during the last quarter. Leigh Baldwin & CO. LLC purchased a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the fourth quarter valued at approximately $274,000. Finally, NewEdge Advisors LLC increased its position in Franklin U.S. Large Cap Multifactor Index ETF by 3.7% during the fourth quarter. NewEdge Advisors LLC now owns 6,475 shares of the company’s stock valued at $380,000 after acquiring an additional 232 shares during the last quarter.

About Franklin U.S. Large Cap Multifactor Index ETF

(Get Free Report)

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.

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