Franklin U.S. Mid Cap Multifactor Index ETF $FLQM Shares Purchased by Sherrill & Hutchins Financial Advisory Inc

Sherrill & Hutchins Financial Advisory Inc raised its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 9.4% during the fourth quarter, Holdings Channel reports. The firm owned 227,080 shares of the company’s stock after buying an additional 19,449 shares during the period. Franklin U.S. Mid Cap Multifactor Index ETF comprises 9.1% of Sherrill & Hutchins Financial Advisory Inc’s holdings, making the stock its 4th biggest holding. Sherrill & Hutchins Financial Advisory Inc’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $12,776,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Comerica Bank acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at $51,000. NewEdge Advisors LLC boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% in the second quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock valued at $58,000 after buying an additional 326 shares in the last quarter. Steigerwald Gordon & Koch Inc. bought a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth about $84,000. Keystone Financial Group bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at approximately $214,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 45,360.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,546 shares of the company’s stock worth $257,000 after acquiring an additional 4,536 shares in the last quarter.

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

FLQM stock opened at $55.08 on Thursday. The business has a fifty day moving average price of $57.16 and a 200 day moving average price of $56.65. Franklin U.S. Mid Cap Multifactor Index ETF has a fifty-two week low of $46.23 and a fifty-two week high of $58.66. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 16.69 and a beta of 0.98.

Franklin U.S. Mid Cap Multifactor Index ETF Company 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.