Moneywise Inc. lowered its holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) by 46.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,721 shares of the company’s stock after selling 9,466 shares during the period. Moneywise Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $616,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Signature Equity Partners LLC boosted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 626.2% during the third quarter. Signature Equity Partners LLC now owns 1,663 shares of the company’s stock worth $96,000 after buying an additional 1,434 shares during the period. Vise Technologies Inc. bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter worth approximately $441,000. International Assets Investment Management LLC increased its position in Franklin U.S. Mid Cap Multifactor Index ETF by 1,127.9% in the 3rd quarter. International Assets Investment Management LLC now owns 60,450 shares of the company’s stock valued at $3,472,000 after acquiring an additional 55,527 shares during the period. Partners Wealth Management LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at approximately $237,000. Finally, D.A. Davidson & CO. acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at approximately $798,000.
Franklin U.S. Mid Cap Multifactor Index ETF Stock Performance
Shares of FLQM stock opened at $61.78 on Wednesday. Franklin U.S. Mid Cap Multifactor Index ETF has a 1 year low of $53.87 and a 1 year high of $62.27. The stock has a fifty day moving average of $59.88 and a two-hundred day moving average of $58.22. The firm has a market capitalization of $1.89 billion, a PE ratio of 16.69 and a beta of 0.98.
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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