Harbour Investments Inc. Lowers Stock Holdings in Franklin U.S. Small Cap Multifactor Index ETF $FLQS

Harbour Investments Inc. reduced its stake in shares of Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) by 43.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,037 shares of the company’s stock after selling 11,490 shares during the quarter. Harbour Investments Inc. owned 1.31% of Franklin U.S. Small Cap Multifactor Index ETF worth $618,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. LPL Financial LLC grew its stake in shares of Franklin U.S. Small Cap Multifactor Index ETF by 9.1% during the first quarter. LPL Financial LLC now owns 267,576 shares of the company’s stock valued at $10,540,000 after buying an additional 22,413 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of Franklin U.S. Small Cap Multifactor Index ETF by 17.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 66,218 shares of the company’s stock valued at $2,608,000 after buying an additional 9,744 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Franklin U.S. Small Cap Multifactor Index ETF by 7.1% during the first quarter. Cetera Investment Advisers now owns 17,428 shares of the company’s stock valued at $686,000 after buying an additional 1,153 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Franklin U.S. Small Cap Multifactor Index ETF by 15.3% during the second quarter. Janney Montgomery Scott LLC now owns 6,531 shares of the company’s stock valued at $268,000 after buying an additional 865 shares during the last quarter. Finally, Intrua Financial LLC bought a new position in shares of Franklin U.S. Small Cap Multifactor Index ETF during the first quarter valued at about $203,000.

Franklin U.S. Small Cap Multifactor Index ETF Trading Up 0.9%

Shares of BATS:FLQS opened at $43.04 on Monday. The stock’s 50-day moving average price is $43.57 and its 200-day moving average price is $41.21. Franklin U.S. Small Cap Multifactor Index ETF has a 12-month low of $34.72 and a 12-month high of $46.24. The stock has a market capitalization of $49.49 million, a P/E ratio of 16.41 and a beta of 0.99.

Franklin U.S. Small Cap Multifactor Index ETF Company Profile

The Franklin U.S. Small Cap Multifactor Index ETF (FLQS) is an exchange-traded fund that is based on the LibertyQ US Small Cap Equity index. The fund tracks a multi-factor US small-cap index based on a composite scores of quality, value, momentum, and low-volatility. FLQS was launched on Apr 26, 2017 and is managed by Franklin Templeton.