Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $58.79 and last traded at $59.27, with a volume of 26550 shares changing hands. The stock had previously closed at $58.77.
Franklin U.S. Large Cap Multifactor Index ETF Price Performance
The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 21.41 and a beta of 1.01. The business has a 50 day simple moving average of $56.80 and a 200 day simple moving average of $54.93.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Janney Montgomery Scott LLC lifted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 6.1% in the first quarter. Janney Montgomery Scott LLC now owns 398,974 shares of the company’s stock worth $21,245,000 after acquiring an additional 22,807 shares during the last quarter. Core Wealth Partners LLC boosted its position in Franklin U.S. Large Cap Multifactor Index ETF by 4.9% during the 1st quarter. Core Wealth Partners LLC now owns 17,533 shares of the company’s stock valued at $934,000 after purchasing an additional 820 shares during the period. Concurrent Investment Advisors LLC bought a new position in Franklin U.S. Large Cap Multifactor Index ETF during the 1st quarter worth $202,000. Atria Wealth Solutions Inc. increased its position in Franklin U.S. Large Cap Multifactor Index ETF by 27.4% in the second quarter. Atria Wealth Solutions Inc. now owns 21,217 shares of the company’s stock worth $1,179,000 after buying an additional 4,557 shares during the period. Finally, Cullen Frost Bankers Inc. bought a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the second quarter valued at $105,000.
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.
Further Reading
- Five stocks we like better than Franklin U.S. Large Cap Multifactor Index ETF
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Taiwan Semiconductor Stock: Buy Now or Wait for Earnings?
- What are earnings reports?
- Abbott’s Growth and Dividends Make It a Smart Portfolio Pick
- Why Invest in 5G? How to Invest in 5G Stocks
- Citigroup Faces Growing Troubles: Could the Industry Be at Risk?
Receive News & Ratings for Franklin U.S. Large Cap Multifactor Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin U.S. Large Cap Multifactor Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
