Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Sets New 12-Month High – Here’s What Happened

Shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) reached a new 52-week high on Monday . The company traded as high as $59.61 and last traded at $60.16, with a volume of 29450 shares. The stock had previously closed at $58.39.

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

The firm has a 50 day moving average of $60.25 and a 200-day moving average of $59.13. The stock has a market capitalization of $1.49 billion, a P/E ratio of 25.02 and a beta of 0.95.

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

Several institutional investors have recently modified their holdings of the company. Assetmark Inc. lifted 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 worth $59,000 after purchasing an additional 510 shares during the period. Atria Investments Inc raised its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 4.8% in the 3rd quarter. Atria Investments Inc now owns 234,301 shares of the company’s stock valued at $13,625,000 after buying an additional 10,728 shares in the last quarter. Kingsview Wealth Management LLC bought a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 3rd quarter worth about $3,188,000. FMR LLC boosted its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 30.7% during the 3rd quarter. FMR LLC now owns 4,034 shares of the company’s stock valued at $235,000 after acquiring an additional 948 shares in the last quarter. Finally, World Investment Advisors LLC bought a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the third quarter valued at about $45,415,000.

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.