Trademark Financial Management LLC trimmed its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) by 76.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,470 shares of the company’s stock after selling 14,578 shares during the period. Trademark Financial Management LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $251,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FLQM. Comerica Bank acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at $51,000. NewEdge Advisors LLC lifted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% during the second quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock worth $58,000 after buying an additional 326 shares in the last quarter. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at about $84,000. Capital Investment Advisory Services LLC boosted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 14.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,718 shares of the company’s stock valued at $97,000 after acquiring an additional 221 shares during the period. Finally, Keystone Financial Group acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at about $214,000.
Franklin U.S. Mid Cap Multifactor Index ETF Stock Performance
BATS:FLQM opened at $57.51 on Wednesday. Franklin U.S. Mid Cap Multifactor Index ETF has a 52 week low of $49.61 and a 52 week high of $58.66. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of 16.69 and a beta of 0.98. The firm’s 50-day simple moving average is $56.46 and its 200 day simple moving average is $56.54.
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.
Recommended Stories
Want to see what other hedge funds are holding FLQM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report).
Receive News & Ratings for Franklin U.S. Mid Cap Multifactor Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin U.S. Mid Cap Multifactor Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
