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

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

Franklin U.S. Large Cap Multifactor Index ETF Price Performance

The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 21.41 and a beta of 1.01. The firm has a 50 day moving average price of $55.84 and a 200-day moving average price of $54.08.

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

Hedge funds have recently modified their holdings of the stock. International Assets Investment Management LLC acquired a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the second quarter valued at $34,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the second quarter valued at $105,000. Concurrent Investment Advisors LLC acquired a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the first quarter valued at $202,000. Park Avenue Securities LLC increased 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 last quarter. Finally, Envestnet Portfolio Solutions Inc. increased 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 last quarter.

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.