Leavell Investment Management Inc. Raises Stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Leavell Investment Management Inc. boosted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 9.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 31,250 shares of the company’s stock after buying an additional 2,720 shares during the quarter. Leavell Investment Management Inc. owned approximately 0.26% of Franklin U.S. Mid Cap Multifactor Index ETF worth $1,741,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Sage Mountain Advisors LLC grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 107.0% during the 2nd quarter. Sage Mountain Advisors LLC now owns 677 shares of the company’s stock valued at $35,000 after acquiring an additional 350 shares during the period. Aspire Wealth Management Corp grew its holdings in 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 valued at $74,000 after purchasing an additional 492 shares during the period. Signaturefd LLC bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at $90,000. Farther Finance Advisors LLC purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter valued at $196,000. Finally, Onyx Bridge Wealth Group LLC purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter valued at $209,000.

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

Shares of FLQM opened at $57.69 on Friday. Franklin U.S. Mid Cap Multifactor Index ETF has a fifty-two week low of $25.35 and a fifty-two week high of $28.79. The business has a 50-day moving average of $55.10 and a 200 day moving average of $53.14. The firm has a market cap of $695.16 million, a P/E ratio of 16.96 and a beta of 0.90.

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.