Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL – Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $74.51 and last traded at $74.48, with a volume of 27610 shares trading hands. The stock had previously closed at $73.46.
Franklin U.S. Large Cap Multifactor Index ETF Stock Performance
The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of 24.11 and a beta of 0.95. The company has a 50-day moving average of $70.51 and a 200-day moving average of $69.99.
Hedge Funds Weigh In On Franklin U.S. Large Cap Multifactor Index ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dunhill Financial LLC acquired a new position in Franklin U.S. Large Cap Multifactor Index ETF in the 3rd quarter worth $34,000. Wilmington Savings Fund Society FSB acquired a new position in Franklin U.S. Large Cap Multifactor Index ETF in the 3rd quarter worth $39,000. Qube Research & Technologies Ltd acquired a new position in Franklin U.S. Large Cap Multifactor Index ETF during the 2nd quarter worth approximately $81,000. Comerica Bank boosted its position in Franklin U.S. Large Cap Multifactor Index ETF by 17.9% during the 4th quarter. Comerica Bank now owns 1,650 shares of the company’s stock worth $114,000 after acquiring an additional 250 shares during the last quarter. Finally, Larson Financial Group LLC acquired a new position in Franklin U.S. Large Cap Multifactor Index ETF during the 4th quarter worth approximately $115,000.
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. FLQL was launched on Apr 26, 2017 and is managed by Franklin Templeton.
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