Harbour Investments Inc. increased its stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) by 41.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 16,876 shares of the company’s stock after purchasing an additional 4,941 shares during the quarter. Harbour Investments Inc. owned approximately 0.14% of Franklin U.S. Mid Cap Multifactor Index ETF worth $940,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FLQM. Sage Mountain Advisors LLC lifted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 107.0% in the 2nd quarter. Sage Mountain Advisors LLC now owns 677 shares of the company’s stock worth $35,000 after purchasing an additional 350 shares during the last quarter. Aspire Wealth Management Corp lifted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 59.4% during the third quarter. Aspire Wealth Management Corp now owns 1,320 shares of the company’s stock worth $74,000 after buying an additional 492 shares during the last quarter. Signaturefd LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth approximately $90,000. Farther Finance Advisors LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth approximately $196,000. Finally, Onyx Bridge Wealth Group LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth approximately $209,000.
Franklin U.S. Mid Cap Multifactor Index ETF Stock Down 0.7 %
Shares of FLQM stock opened at $57.04 on Friday. Franklin U.S. Mid Cap Multifactor Index ETF has a 12 month low of $25.35 and a 12 month high of $28.79. The firm has a market cap of $687.33 million, a PE ratio of 16.96 and a beta of 0.90. The stock has a 50 day moving average of $55.31 and a 200-day moving average of $53.29.
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.
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