Jones Financial Companies Lllp lifted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) by 139.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 64,244 shares of the company’s stock after buying an additional 37,465 shares during the period. Jones Financial Companies Lllp owned approximately 0.53% of Franklin U.S. Mid Cap Multifactor Index ETF worth $3,489,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in FLQM. Pacific Sun Financial Corp boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 3.9% during the 4th quarter. Pacific Sun Financial Corp now owns 6,922 shares of the company’s stock worth $376,000 after acquiring an additional 260 shares during the period. Aspire Wealth Management Corp grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 59.4% in the 3rd quarter. Aspire Wealth Management Corp now owns 1,320 shares of the company’s stock valued at $74,000 after buying an additional 492 shares in the last quarter. Essex Financial Services Inc. increased its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 3.6% during the 4th quarter. Essex Financial Services Inc. now owns 16,784 shares of the company’s stock valued at $912,000 after buying an additional 587 shares during the period. HBW Advisory Services LLC raised its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 3.5% during the 4th quarter. HBW Advisory Services LLC now owns 20,591 shares of the company’s stock worth $1,118,000 after buying an additional 698 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 5.5% in the 4th quarter. D.A. Davidson & CO. now owns 13,666 shares of the company’s stock worth $742,000 after acquiring an additional 716 shares during the period.
Franklin U.S. Mid Cap Multifactor Index ETF Price Performance
BATS FLQM opened at $53.84 on Thursday. Franklin U.S. Mid Cap Multifactor Index ETF has a 12 month low of $49.72 and a 12 month high of $59.07. The firm has a market capitalization of $1.45 billion, a PE ratio of 16.92 and a beta of 1.05. The company’s 50 day simple moving average is $55.27 and its 200 day simple moving average is $55.56.
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.
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