Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $55.97 and last traded at $55.82, with a volume of 201584 shares changing hands. The stock had previously closed at $55.07.
Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 1.6 %
The stock’s 50-day simple moving average is $56.34 and its 200-day simple moving average is $54.75. The stock has a market cap of $674.32 million, a price-to-earnings ratio of 16.96 and a beta of 0.90.
Hedge Funds Weigh In On Franklin U.S. Mid Cap Multifactor Index ETF
Hedge funds have recently added to or reduced their stakes in the stock. Providence Capital Advisors LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth $63,000. Aspire Wealth Management Corp grew its stake 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 worth $74,000 after buying an additional 492 shares in the last quarter. Signaturefd LLC bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at about $90,000. Farther Finance Advisors LLC bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at about $196,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at approximately $200,000.
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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