Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Reaches New 52-Week High at $55.73

Shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) reached a new 52-week high on Monday . The stock traded as high as $55.73 and last traded at $55.65, with a volume of 66246 shares trading hands. The stock had previously closed at $55.58.

Franklin U.S. Large Cap Multifactor Index ETF Stock Up 0.4 %

The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 21.41 and a beta of 1.01. The company has a fifty day moving average price of $53.68 and a two-hundred day moving average price of $51.58.

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

Large investors have recently bought and sold shares of the business. Franklin Resources Inc. raised its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 7.7% in the fourth quarter. Franklin Resources Inc. now owns 9,519,384 shares of the company’s stock valued at $454,265,000 after buying an additional 681,109 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position in Franklin U.S. Large Cap Multifactor Index ETF by 3.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 2,426,965 shares of the company’s stock valued at $115,815,000 after acquiring an additional 70,494 shares during the period. Janney Montgomery Scott LLC raised its stake in Franklin U.S. Large Cap Multifactor Index ETF by 6.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 398,974 shares of the company’s stock valued at $21,245,000 after acquiring an additional 22,807 shares during the last quarter. Cetera Investment Advisers lifted its position in Franklin U.S. Large Cap Multifactor Index ETF by 98.6% during the 1st quarter. Cetera Investment Advisers now owns 258,181 shares of the company’s stock worth $13,748,000 after acquiring an additional 128,148 shares during the period. Finally, Atria Investments Inc lifted its position in Franklin U.S. Large Cap Multifactor Index ETF by 8.8% during the 1st quarter. Atria Investments Inc now owns 223,226 shares of the company’s stock worth $11,887,000 after acquiring an additional 17,991 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.