Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Sets New 52-Week High at $52.23

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $52.23 and last traded at $51.19, with a volume of 25309 shares trading hands. The stock had previously closed at $51.80.

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

The company has a market cap of $1.05 billion, a price-to-earnings ratio of 18.37 and a beta of 0.92. The firm’s fifty day moving average price is $51.97 and its 200-day moving average price is $48.12.

Institutional Investors Weigh In On Franklin U.S. Large Cap Multifactor Index ETF

Several institutional investors have recently bought and sold shares of FLQL. Raymond James & Associates lifted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 11.1% in the first quarter. Raymond James & Associates now owns 6,130 shares of the company’s stock worth $275,000 after purchasing an additional 612 shares during the period. Equitable Holdings Inc. lifted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 8.3% in the first quarter. Equitable Holdings Inc. now owns 82,607 shares of the company’s stock worth $3,709,000 after purchasing an additional 6,334 shares during the period. International Assets Investment Management LLC lifted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 36.7% in the first quarter. International Assets Investment Management LLC now owns 85,186 shares of the company’s stock worth $2,314,000 after purchasing an additional 22,890 shares during the period. Atria Wealth Solutions Inc. acquired a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the first quarter worth about $680,000. Finally, Royal Bank of Canada lifted its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 89.0% in the first quarter. Royal Bank of Canada now owns 125,098 shares of the company’s stock worth $5,618,000 after purchasing an additional 58,908 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.