Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Reaches New 52-Week High at $53.77

Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $53.77 and last traded at $53.77, with a volume of 94177 shares trading hands. The stock had previously closed at $53.45.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Up 1.1 %

The business has a 50-day moving average price of $52.20 and a 200-day moving average price of $51.57. The firm has a market capitalization of $651.42 million, a P/E ratio of 16.96 and a beta of 0.90.

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

A number of large investors have recently bought and sold shares of FLQM. International Assets Investment Management LLC bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the fourth quarter worth $652,000. Western Wealth Management LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the fourth quarter valued at $263,000. Aspire Private Capital LLC lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 34.4% during the fourth quarter. Aspire Private Capital LLC now owns 1,901 shares of the company’s stock valued at $91,000 after acquiring an additional 487 shares during the period. Kestra Private Wealth Services LLC lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 132.8% during the fourth quarter. Kestra Private Wealth Services LLC now owns 51,305 shares of the company’s stock valued at $2,469,000 after acquiring an additional 29,269 shares during the period. Finally, Essex Financial Services Inc. acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the fourth quarter valued at $607,000.

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.