Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $59.13 and last traded at $58.97, with a volume of 21014 shares changing hands. The stock had previously closed at $58.63.
Franklin U.S. Large Cap Multifactor Index ETF Stock Performance
The business’s 50 day moving average price is $58.21 and its 200 day moving average price is $56.12. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 21.41 and a beta of 1.01.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the stock. International Assets Investment Management LLC purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 2nd quarter valued at about $34,000. Assetmark Inc. grew its position 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 acquiring an additional 510 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF during the second quarter valued at approximately $105,000. FMR LLC lifted its position 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 worth $235,000 after purchasing an additional 948 shares in the last quarter. Finally, Park Avenue Securities LLC lifted its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 5.4% during the third quarter. Park Avenue Securities LLC now owns 7,605 shares of the company’s stock worth $442,000 after purchasing an additional 389 shares in the last quarter.
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.
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