Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $75.37 and traded as high as $76.04. Franklin U.S. Large Cap Multifactor Index ETF shares last traded at $75.85, with a volume of 68,726 shares changing hands.
Franklin U.S. Large Cap Multifactor Index ETF Trading Up 1.6%
The stock’s 50-day moving average is $78.07 and its 200-day moving average is $75.42. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 20.57 and a beta of 0.96.
Institutional Trading of Franklin U.S. Large Cap Multifactor Index ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sanctuary Advisors LLC lifted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 7.1% in the 1st quarter. Sanctuary Advisors LLC now owns 1,675,252 shares of the company’s stock valued at $113,314,000 after acquiring an additional 111,752 shares during the last quarter. Bank of New York Mellon Corp grew its position in Franklin U.S. Large Cap Multifactor Index ETF by 6.2% during the 1st quarter. Bank of New York Mellon Corp now owns 1,094,134 shares of the company’s stock worth $74,007,000 after acquiring an additional 63,545 shares during the last quarter. Cetera Investment Advisers grew its position in Franklin U.S. Large Cap Multifactor Index ETF by 3.9% during the 1st quarter. Cetera Investment Advisers now owns 561,524 shares of the company’s stock worth $37,981,000 after acquiring an additional 21,290 shares during the last quarter. Arkadios Wealth Advisors grew its position in Franklin U.S. Large Cap Multifactor Index ETF by 107.6% during the 1st quarter. Arkadios Wealth Advisors now owns 546,687 shares of the company’s stock worth $36,978,000 after acquiring an additional 283,316 shares during the last quarter. Finally, Howard Capital Management LLC increased its holdings in Franklin U.S. Large Cap Multifactor Index ETF by 4.3% in the 3rd quarter. Howard Capital Management LLC now owns 251,288 shares of the company’s stock worth $19,708,000 after purchasing an additional 10,313 shares in the last quarter.
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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