Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Get Free Report) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 197 shares, a drop of 99.7% from the April 30th total of 64,292 shares. Based on an average trading volume of 122,084 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.
Franklin U.S. Mid Cap Multifactor Index ETF Stock Down 0.2%
FLQM traded down $0.12 during trading on Wednesday, reaching $56.90. 171,522 shares of the stock traded hands, compared to its average volume of 152,696. The stock’s 50-day moving average is $55.95 and its 200 day moving average is $56.63. Franklin U.S. Mid Cap Multifactor Index ETF has a 12 month low of $52.67 and a 12 month high of $58.66. The stock has a market capitalization of $1.74 billion, a PE ratio of 16.69 and a beta of 0.98.
Institutional Investors Weigh In On Franklin U.S. Mid Cap Multifactor Index ETF
Several large investors have recently added to or reduced their stakes in the business. Great Valley Advisor Group Inc. boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 1.0% during the 4th quarter. Great Valley Advisor Group Inc. now owns 17,726 shares of the company’s stock worth $997,000 after buying an additional 177 shares in the last quarter. Beaumont Financial Advisors LLC lifted its position 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 acquiring an additional 214 shares during the period. Pinnacle Financial Partners Inc. lifted its position 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 acquiring an additional 220 shares during the period. Capital Investment Advisory Services LLC boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 14.8% during the fourth quarter. Capital Investment Advisory Services LLC now owns 1,718 shares of the company’s stock worth $97,000 after acquiring an additional 221 shares in the last quarter. Finally, Axxcess Wealth Management LLC grew its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 1.9% in the fourth quarter. Axxcess Wealth Management LLC now owns 14,585 shares of the company’s stock worth $821,000 after purchasing 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.
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