Franklin U.S. Large Cap Multifactor Index ETF $FLQL Shares Acquired by SOL Capital Management CO

SOL Capital Management CO boosted its holdings in Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) by 95.9% in the third quarter, HoldingsChannel.com reports. The firm owned 54,740 shares of the company’s stock after acquiring an additional 26,802 shares during the period. SOL Capital Management CO’s holdings in Franklin U.S. Large Cap Multifactor Index ETF were worth $3,746,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the 3rd quarter worth $39,000. Qube Research & Technologies Ltd purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF in the 2nd quarter worth about $81,000. Concurrent Investment Advisors LLC acquired a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the second quarter worth $200,000. TIAA Trust National Association purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF during the second quarter valued at approximately $211,000. Finally, National Wealth Management Group LLC increased its position in Franklin U.S. Large Cap Multifactor Index ETF by 6.0% in the 2nd quarter. National Wealth Management Group LLC now owns 5,332 shares of the company’s stock worth $337,000 after purchasing an additional 301 shares during the last quarter.

Franklin U.S. Large Cap Multifactor Index ETF Trading Up 21.6%

Franklin U.S. Large Cap Multifactor Index ETF stock opened at $71.03 on Friday. The firm’s fifty day simple moving average is $69.53 and its 200-day simple moving average is $67.52. Franklin U.S. Large Cap Multifactor Index ETF has a 1-year low of $48.65 and a 1-year high of $64.48. The company has a market capitalization of $1.72 billion, a P/E ratio of 24.11 and a beta of 0.95.

Franklin U.S. Large Cap Multifactor Index ETF 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. FLQL was launched on Apr 26, 2017 and is managed by Franklin Templeton.