Private Trust Co. NA Trims Position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Private Trust Co. NA decreased its holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 14.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,086 shares of the company’s stock after selling 880 shares during the quarter. Private Trust Co. NA’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $276,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in FLQM. Pacific Sun Financial Corp raised its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 3.9% in the 4th quarter. Pacific Sun Financial Corp now owns 6,922 shares of the company’s stock worth $376,000 after purchasing an additional 260 shares in the last quarter. Aspire Wealth Management Corp raised its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 59.4% in 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. Essex Financial Services Inc. lifted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 3.6% in the fourth quarter. Essex Financial Services Inc. now owns 16,784 shares of the company’s stock worth $912,000 after buying an additional 587 shares during the period. HBW Advisory Services LLC boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 3.5% during the 4th quarter. HBW Advisory Services LLC now owns 20,591 shares of the company’s stock valued at $1,118,000 after acquiring an additional 698 shares in the last quarter. Finally, D.A. Davidson & CO. grew its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 5.5% during the 4th quarter. D.A. Davidson & CO. now owns 13,666 shares of the company’s stock worth $742,000 after acquiring an additional 716 shares during the period.

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

Shares of BATS:FLQM opened at $54.15 on Tuesday. The firm has a market capitalization of $1.45 billion, a P/E ratio of 16.92 and a beta of 1.05. The stock has a 50 day moving average price of $55.32 and a 200-day moving average price of $55.57. Franklin U.S. Mid Cap Multifactor Index ETF has a 52-week low of $25.35 and a 52-week high of $28.79.

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.