Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $60.36 and last traded at $60.36, with a volume of 1444 shares trading hands. The stock had previously closed at $59.25.
Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 0.0%
The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 16.69 and a beta of 0.98. The firm’s fifty day moving average price is $58.10 and its 200 day moving average price is $57.22.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the company. Fifth Third Bancorp purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the first quarter worth $50,000. Comerica Bank purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at $51,000. Richards Merrill & Peterson Inc. acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter worth about $52,000. NewEdge Advisors LLC lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% during the 2nd quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock worth $58,000 after acquiring an additional 326 shares in the last quarter. Finally, Capital Investment Advisory Services LLC lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 14.8% during the 4th 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.
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.
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