Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL – Get Free Report) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 35,541 shares, a decrease of 33.8% from the August 15th total of 53,690 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 86,545 shares, the short-interest ratio is presently 0.4 days.
Franklin U.S. Large Cap Multifactor Index ETF Price Performance
BATS FLQL opened at $77.36 on Thursday. Franklin U.S. Large Cap Multifactor Index ETF has a 12 month low of $65.30 and a 12 month high of $81.55. The firm has a market capitalization of $1.88 billion, a PE ratio of 24.11 and a beta of 0.95. The company’s 50 day simple moving average is $78.21 and its 200 day simple moving average is $75.36.
Institutional Trading of Franklin U.S. Large Cap Multifactor Index ETF
Several institutional investors have recently modified their holdings of the company. Integrated Wealth Concepts LLC purchased a new position in Franklin U.S. Large Cap Multifactor Index ETF in the 2nd quarter worth about $61,000. RFG Advisory LLC purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the second quarter valued at $11,622,000. CoreCap Advisors LLC purchased a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF in the second quarter valued at $41,000. NewEdge Advisors LLC boosted its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 1.1% in the first quarter. NewEdge Advisors LLC now owns 15,459 shares of the company’s stock worth $1,046,000 after buying an additional 166 shares during the period. Finally, Arkadios Wealth Advisors boosted its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 107.6% in the first quarter. Arkadios Wealth Advisors now owns 546,687 shares of the company’s stock worth $36,978,000 after buying an additional 283,316 shares during the period.
Franklin U.S. Large Cap Multifactor Index ETF Company 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.
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