Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS – Get Free Report) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 828 shares, an increase of ∞ from the June 30th total of 0 shares. Based on an average daily trading volume, of 2,814 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.
Institutional Trading of Franklin U.S. Small Cap Multifactor Index ETF
Several institutional investors and hedge funds have recently modified their holdings of FLQS. Raymond James Financial Inc. acquired a new stake in shares of Franklin U.S. Small Cap Multifactor Index ETF in the second quarter valued at approximately $256,000. Bank of America Corp DE raised its position in shares of Franklin U.S. Small Cap Multifactor Index ETF by 41.0% during the 3rd quarter. Bank of America Corp DE now owns 14,404 shares of the company’s stock worth $633,000 after purchasing an additional 4,185 shares during the last quarter. CWM LLC raised its position in shares of Franklin U.S. Small Cap Multifactor Index ETF by 506.5% during the 4th quarter. CWM LLC now owns 6,963 shares of the company’s stock worth $301,000 after purchasing an additional 5,815 shares during the last quarter. IFP Advisors Inc lifted its stake in Franklin U.S. Small Cap Multifactor Index ETF by 8.7% in the 4th quarter. IFP Advisors Inc now owns 3,496 shares of the company’s stock valued at $151,000 after buying an additional 279 shares in the last quarter. Finally, Harbour Investments Inc. lifted its stake in Franklin U.S. Small Cap Multifactor Index ETF by 2.3% in the 4th quarter. Harbour Investments Inc. now owns 18,226 shares of the company’s stock valued at $787,000 after buying an additional 408 shares in the last quarter.
Franklin U.S. Small Cap Multifactor Index ETF Stock Down 0.4%
BATS:FLQS opened at $49.49 on Friday. Franklin U.S. Small Cap Multifactor Index ETF has a 52-week low of $40.26 and a 52-week high of $50.12. The stock has a fifty day simple moving average of $47.86 and a 200-day simple moving average of $45.79. The company has a market capitalization of $56.91 million, a PE ratio of 16.41 and a beta of 0.99.
Franklin U.S. Small Cap Multifactor Index ETF Company Profile
The Franklin U.S. Small Cap Multifactor Index ETF (FLQS) is an exchange-traded fund that is based on the LibertyQ US Small Cap Equity index. The fund tracks a multi-factor US small-cap index based on a composite scores of quality, value, momentum, and low-volatility. FLQS was launched on Apr 26, 2017 and is managed by Franklin Templeton.
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