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

Shares of Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQLGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as $76.46 and last traded at $76.27, with a volume of 69851 shares. The stock had previously closed at $76.16.

Franklin U.S. Large Cap Multifactor Index ETF Stock Up 1.0%

The business has a fifty day simple moving average of $71.21 and a two-hundred day simple moving average of $70.46. The company has a market capitalization of $1.87 billion, a price-to-earnings ratio of 24.11 and a beta of 0.95.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC bought a new stake in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 1st quarter valued at $1,365,000. Qube Research & Technologies Ltd acquired a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 2nd quarter worth about $81,000. Bank of America Corp DE boosted its stake in shares of Franklin U.S. Large Cap Multifactor Index ETF by 25.4% during the 2nd quarter. Bank of America Corp DE now owns 2,180,552 shares of the company’s stock worth $137,724,000 after buying an additional 441,087 shares during the last quarter. MML Investors Services LLC acquired a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 2nd quarter worth about $1,021,000. Finally, MGO One Seven LLC acquired a new position in shares of Franklin U.S. Large Cap Multifactor Index ETF during the 3rd quarter worth about $661,000.

About Franklin U.S. Large Cap Multifactor Index ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Franklin U.S. Large Cap Multifactor Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin U.S. Large Cap Multifactor Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.