Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Reaches New 12-Month High – Still a Buy?

Posted by Trevor Kearing on Feb 3rd, 2025

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL – Get Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as $59.61 and last traded at $59.83, with a volume of 29450 shares changing hands. The stock had previously closed at $58.39.

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

The stock has a market cap of $1.44 billion, a price-to-earnings ratio of 21.41 and a beta of 1.01. The firm has a 50 day simple moving average of $60.02 and a two-hundred day simple moving average of $58.19.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Atria Wealth Solutions Inc. grew its stake in Franklin U.S. Large Cap Multifactor Index ETF by 1.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 22,178 shares of the company’s stock valued at $1,301,000 after purchasing an additional 261 shares in the last quarter. D.A. Davidson & CO. boosted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 3.3% during the 4th quarter. D.A. Davidson & CO. now owns 8,016 shares of the company’s stock worth $470,000 after acquiring an additional 254 shares during the period. Sanctuary Advisors LLC boosted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 3.2% during the 4th quarter. Sanctuary Advisors LLC now owns 1,444,690 shares of the company’s stock worth $88,010,000 after acquiring an additional 44,417 shares during the period. Win Advisors Inc. bought a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 4th quarter worth approximately $9,040,000. Finally, Paul R. Ried Financial Group LLC bought a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 4th quarter worth approximately $3,161,000.

Franklin U.S. Large Cap Multifactor Index ETF Company Profile

(Get Free Report)

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.