Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Hits New 52-Week High at $51.69

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)’s share price reached a new 52-week high on Monday . The stock traded as high as $51.69 and last traded at $52.13, with a volume of 19580 shares. The stock had previously closed at $51.64.

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

The firm has a 50-day simple moving average of $51.96 and a two-hundred day simple moving average of $48.86. The company has a market cap of $1.25 billion, a PE ratio of 20.47 and a beta of 1.00.

Hedge Funds Weigh In On Franklin U.S. Large Cap Multifactor Index ETF

Hedge funds have recently bought and sold shares of the stock. Park Avenue Securities LLC purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF during the third quarter worth $260,000. Lockerman Financial Group Inc. increased its position in Franklin U.S. Large Cap Multifactor Index ETF by 8.1% during the fourth quarter. Lockerman Financial Group Inc. now owns 5,949 shares of the company’s stock worth $284,000 after buying an additional 447 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF during the third quarter worth $305,000. Raymond James & Associates increased its position in Franklin U.S. Large Cap Multifactor Index ETF by 49.8% during the third quarter. Raymond James & Associates now owns 7,979 shares of the company’s stock worth $344,000 after buying an additional 2,654 shares in the last quarter. Finally, Key Client Fiduciary Advisors LLC increased its position in Franklin U.S. Large Cap Multifactor Index ETF by 4.1% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 12,550 shares of the company’s stock worth $599,000 after buying an additional 500 shares in the last quarter.

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.