Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Sets New 12-Month High at $54.39

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $54.39 and last traded at $54.10, with a volume of 16997 shares changing hands. The stock had previously closed at $54.17.

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

The stock has a market capitalization of $1.30 billion, a P/E ratio of 21.41 and a beta of 1.01. The firm has a 50-day moving average price of $55.35 and a 200 day moving average price of $53.09.

Institutional Investors Weigh In On Franklin U.S. Large Cap Multifactor Index ETF

Institutional investors have recently bought and sold shares of the stock. International Assets Investment Management LLC purchased a new stake in Franklin U.S. Large Cap Multifactor Index ETF during the 2nd quarter valued at about $34,000. Cullen Frost Bankers Inc. purchased a new stake in Franklin U.S. Large Cap Multifactor Index ETF during the 2nd quarter valued at about $105,000. Concurrent Investment Advisors LLC purchased a new stake in Franklin U.S. Large Cap Multifactor Index ETF during the 1st quarter valued at about $202,000. Park Avenue Securities LLC boosted its holdings in 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 valued at $360,000 after acquiring an additional 367 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 54.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 10,910 shares of the company’s stock valued at $521,000 after acquiring an additional 3,835 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.