Mon Sep 23 23:13:00 UTC 2024: ## Franklin U.S. Equity Index ETF Hits New 52-Week High

**New York, NY – September 23, 2024** – The Franklin U.S. Equity Index ETF (NYSEARCA: FLQG) reached a new 52-week high on Monday, trading as high as $49.89. The ETF closed the day at $49.89, a slight increase from its previous closing price of $49.76.

This surge in price follows strong market performance, with the ETF showcasing a market cap of $1.20 billion, a P/E ratio of 26.27, and a beta of 1.03. The fund’s fifty-day moving average stands at $46.92, while its 200-day moving average is at $46.21.

FLQG aims to track the performance of a free float-adjusted market capitalization weighted index maintained by Morningstar, Inc. The ETF invests at least 80% of its assets in the component securities of this underlying index.

This bullish trend in the ETF market is mirrored in other sectors. CBS (OTCMKTS: CBS.A) reached a new 1-year low at $21.80, while UniCredit (OTCMKTS: UNCFF) set a new 1-year high at $42.95.

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