Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Reaches New 12-Month High at $45.95

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $45.95 and last traded at $45.87, with a volume of 37702 shares traded. The stock had previously closed at $45.47.

Franklin U.S. Large Cap Multifactor Index ETF Trading Up 0.9 %

The firm’s fifty day simple moving average is $43.66 and its 200 day simple moving average is $43.82. The company has a market cap of $944.92 million, a price-to-earnings ratio of 18.37 and a beta of 0.92.

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

Large investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. increased its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 5.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 126,802 shares of the company’s stock valued at $5,677,000 after acquiring an additional 5,987 shares during the last quarter. Key Client Fiduciary Advisors LLC raised its stake in Franklin U.S. Large Cap Multifactor Index ETF by 31.5% during the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 12,100 shares of the company’s stock worth $542,000 after acquiring an additional 2,900 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in Franklin U.S. Large Cap Multifactor Index ETF in the second quarter valued at $2,559,000. Howard Capital Management Inc. acquired a new position in Franklin U.S. Large Cap Multifactor Index ETF in the second quarter valued at $427,000. Finally, Raymond James & Associates grew its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 7.3% during the second quarter. Raymond James & Associates now owns 5,325 shares of the company’s stock worth $238,000 after purchasing an additional 364 shares during 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.