Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Reaches New 12-Month High – What’s Next?

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $60.42 and last traded at $60.28, with a volume of 19927 shares. The stock had previously closed at $60.48.

Franklin U.S. Large Cap Multifactor Index ETF Stock Down 0.2 %

The stock has a market cap of $1.43 billion, a price-to-earnings ratio of 21.41 and a beta of 1.01. The company’s 50-day simple moving average is $57.96 and its 200-day simple moving average is $55.94.

Institutional Trading of Franklin U.S. Large Cap Multifactor Index ETF

Several large investors have recently added to or reduced their stakes in the company. Park Avenue Securities LLC lifted its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 5.4% during the third quarter. Park Avenue Securities LLC now owns 7,605 shares of the company’s stock worth $442,000 after purchasing an additional 389 shares in the last quarter. Assetmark Inc. increased its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 102.0% during the third quarter. Assetmark Inc. now owns 1,010 shares of the company’s stock worth $59,000 after acquiring an additional 510 shares in the last quarter. International Assets Investment Management LLC bought a new position in Franklin U.S. Large Cap Multifactor Index ETF in the second quarter valued at $34,000. Howard Capital Management Inc. grew its position in Franklin U.S. Large Cap Multifactor Index ETF by 3.2% in the second quarter. Howard Capital Management Inc. now owns 29,085 shares of the company’s stock valued at $1,617,000 after purchasing an additional 898 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in shares of Franklin U.S. Large Cap Multifactor Index ETF by 8.2% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 11,809 shares of the company’s stock valued at $629,000 after acquiring an additional 899 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.