Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Hits New 1-Year High – Here’s What Happened

Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Get Free Report) hit a new 52-week high during mid-day trading on Monday. The stock traded as high as $62.23 and last traded at $62.12, with a volume of 14,575 shares. The stock had previously closed at $61.42.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Performance

The company has a market capitalization of $1.91 billion, a PE ratio of 16.69 and a beta of 0.98. The stock’s fifty day simple moving average is $59.88 and its 200-day simple moving average is $58.18.

Institutional Trading of Franklin U.S. Mid Cap Multifactor Index ETF

Several large investors have recently bought and sold shares of FLQM. Commonwealth Equity Services LLC acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth $6,868,000. Signature Equity Partners LLC boosted its holdings in shares of 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 buying an additional 1,434 shares during the period. Vise Technologies Inc. bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter valued at about $441,000. International Assets Investment Management LLC raised its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 1,127.9% during the third quarter. International Assets Investment Management LLC now owns 60,450 shares of the company’s stock worth $3,472,000 after acquiring an additional 55,527 shares during the period. Finally, Partners Wealth Management LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth about $237,000.

About Franklin U.S. Mid Cap Multifactor Index ETF

(Get Free Report)

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.

Read More

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.