AIFG Consultants Ltd. Takes Position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

AIFG Consultants Ltd. purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 34,246 shares of the company’s stock, valued at approximately $1,860,000. Franklin U.S. Mid Cap Multifactor Index ETF makes up approximately 3.0% of AIFG Consultants Ltd.’s investment portfolio, making the stock its 12th largest holding. AIFG Consultants Ltd. owned about 0.28% of Franklin U.S. Mid Cap Multifactor Index ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Franklin Resources Inc. raised its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 8.2% during the third quarter. Franklin Resources Inc. now owns 14,084 shares of the company’s stock worth $790,000 after buying an additional 1,066 shares during the last quarter. Park Avenue Securities LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 4th quarter worth about $455,000. Caprock Group LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 4th quarter valued at about $231,000. AQR Capital Management LLC boosted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 49.7% during the 2nd quarter. AQR Capital Management LLC now owns 8,180 shares of the company’s stock valued at $420,000 after purchasing an additional 2,716 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 57.5% in the third quarter. Thrivent Financial for Lutherans now owns 43,572 shares of the company’s stock worth $2,427,000 after purchasing an additional 15,909 shares in the last quarter.

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

Shares of FLQM stock opened at $55.55 on Tuesday. The company has a market cap of $669.43 million, a P/E ratio of 16.96 and a beta of 0.90. Franklin U.S. Mid Cap Multifactor Index ETF has a fifty-two week low of $25.35 and a fifty-two week high of $28.79. The stock has a 50 day simple moving average of $55.83 and a two-hundred day simple moving average of $55.27.

Franklin U.S. Mid Cap Multifactor Index ETF Profile

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.