Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $58.77 and last traded at $58.91, with a volume of 7029 shares trading hands. The stock had previously closed at $58.21.
Franklin U.S. Mid Cap Multifactor Index ETF Price Performance
The stock’s 50 day moving average is $56.92 and its 200-day moving average is $56.90. The company has a market capitalization of $1.80 billion, a P/E ratio of 16.69 and a beta of 0.98.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Great Valley Advisor Group Inc. boosted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 1.0% during the fourth quarter. Great Valley Advisor Group Inc. now owns 17,726 shares of the company’s stock valued at $997,000 after purchasing an additional 177 shares in the last quarter. Beaumont Financial Advisors LLC boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 1.3% during the 4th quarter. Beaumont Financial Advisors LLC now owns 16,673 shares of the company’s stock valued at $938,000 after buying an additional 214 shares in the last quarter. Pinnacle Financial Partners Inc. boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 2.6% during the 3rd quarter. Pinnacle Financial Partners Inc. now owns 8,835 shares of the company’s stock valued at $499,000 after buying an additional 220 shares in the last quarter. Capital Investment Advisory Services LLC grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 14.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,718 shares of the company’s stock worth $97,000 after buying an additional 221 shares during the period. Finally, Axxcess Wealth Management LLC grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 1.9% in the 4th quarter. Axxcess Wealth Management LLC now owns 14,585 shares of the company’s stock worth $821,000 after buying an additional 275 shares during the period.
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.
Recommended Stories
- Five stocks we like better than Franklin U.S. Mid Cap Multifactor Index ETF
- 3 Dividend ETFs Built for Stability in a Volatile Market
- General Mills Is a 5-Star Turnaround Play for Buy and Hold Investors
- Agility Robotics’ SPAC Deal Opens a Rare Door Into Humanoid AI
- SMRs Spark a Chain Reaction for Nano Nuclear
Receive News & Ratings for Franklin U.S. Mid 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. Mid Cap Multifactor Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
