Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Get Free Report)’s share price hit a new 52-week high during trading on Monday. The company traded as high as $62.23 and last traded at $62.12, with a volume of 14,575 shares changing hands. The stock had previously closed at $61.42.
Franklin U.S. Mid Cap Multifactor Index ETF Price Performance
The firm has a market capitalization of $1.95 billion, a price-to-earnings ratio of 16.69 and a beta of 0.98. The firm has a 50 day moving average price of $59.88 and a 200-day moving average price of $58.22.
Institutional Trading of Franklin U.S. Mid Cap Multifactor Index ETF
Institutional investors and hedge funds have recently made changes to their positions in the company. M Holdings Securities Inc. acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth about $225,000. Kestra Advisory Services LLC boosted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 5.5% during the 3rd quarter. Kestra Advisory Services LLC now owns 76,555 shares of the company’s stock worth $4,397,000 after acquiring an additional 3,985 shares in the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter worth approximately $6,868,000. Signature Equity Partners LLC increased its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 626.2% in the 3rd quarter. Signature Equity Partners LLC now owns 1,663 shares of the company’s stock valued at $96,000 after purchasing an additional 1,434 shares in the last quarter. Finally, Vise Technologies Inc. purchased a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at approximately $441,000.
About Franklin U.S. Mid Cap Multifactor Index ETF
The Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) is an exchange-traded fund that is based on the LibertyQ US Mid Cap Equity index. The fund tracks a US-listed mid-cap equity index that selects and weights constituents based on four factors: quality, value, momentum, and volatility. FLQM was launched on Apr 26, 2017 and is managed by Franklin Templeton.
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