Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Get Free Report)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $55.97 and last traded at $55.42, with a volume of 201584 shares. The stock had previously closed at $55.07.
Franklin U.S. Mid Cap Multifactor Index ETF Stock Performance
The company has a market capitalization of $673.41 million, a P/E ratio of 16.96 and a beta of 0.90. The company’s fifty day simple moving average is $55.45 and its 200-day simple moving average is $55.38.
Hedge Funds Weigh In On Franklin U.S. Mid Cap Multifactor Index ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Raymond James & Associates boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 5.1% during the 3rd quarter. Raymond James & Associates now owns 360,278 shares of the company’s stock valued at $20,067,000 after acquiring an additional 17,528 shares in the last quarter. Signaturefd LLC purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth $90,000. Private Advisor Group LLC boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 20.1% during the third quarter. Private Advisor Group LLC now owns 349,743 shares of the company’s stock valued at $19,481,000 after purchasing an additional 58,612 shares in the last quarter. Bogart Wealth LLC grew its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 8.8% in the third quarter. Bogart Wealth LLC now owns 711,224 shares of the company’s stock valued at $39,615,000 after purchasing an additional 57,599 shares during the last quarter. Finally, Osborne Partners Capital Management LLC bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter worth about $258,000.
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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