Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Hits New 12-Month High at $52.96

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) reached a new 52-week high during trading on Monday . The stock traded as high as $52.96 and last traded at $52.30, with a volume of 67913 shares traded. The stock had previously closed at $53.85.

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

The stock has a market cap of $1.25 billion, a P/E ratio of 21.41 and a beta of 1.01. The firm’s 50 day moving average is $55.39 and its 200 day moving average is $52.95.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Franklin Resources Inc. boosted its holdings in shares of Franklin U.S. Large Cap Multifactor Index ETF by 7.7% in the 4th quarter. Franklin Resources Inc. now owns 9,519,384 shares of the company’s stock valued at $454,265,000 after acquiring an additional 681,109 shares during the last quarter. Cetera Investment Advisers raised its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 98.6% in the first quarter. Cetera Investment Advisers now owns 258,181 shares of the company’s stock valued at $13,748,000 after buying an additional 128,148 shares during the last quarter. Christopher J. Hasenberg Inc acquired a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the fourth quarter valued at about $4,980,000. Janney Montgomery Scott LLC raised its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 38.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 376,167 shares of the company’s stock valued at $17,951,000 after buying an additional 103,992 shares during the last quarter. Finally, Cetera Advisors LLC increased its position in Franklin U.S. Large Cap Multifactor Index ETF by 1,916.6% during the first quarter. Cetera Advisors LLC now owns 89,881 shares of the company’s stock worth $4,786,000 after purchasing an additional 85,424 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.