Sherrill & Hutchins Financial Advisory Inc lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) by 19.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 207,631 shares of the company’s stock after acquiring an additional 33,567 shares during the quarter. Franklin U.S. Mid Cap Multifactor Index ETF accounts for about 8.5% of Sherrill & Hutchins Financial Advisory Inc’s portfolio, making the stock its 4th largest position. Sherrill & Hutchins Financial Advisory Inc’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $11,721,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also made changes to their positions in FLQM. Ameritas Advisory Services LLC purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the second quarter worth approximately $53,000. NewEdge Advisors LLC lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% in the second quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock worth $58,000 after acquiring an additional 326 shares during the last quarter. Intrua Financial LLC acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter worth approximately $212,000. Cozad Asset Management Inc. purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 2nd quarter valued at approximately $292,000. Finally, MBL Wealth LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 2nd quarter valued at $303,000.
Franklin U.S. Mid Cap Multifactor Index ETF Price Performance
Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $57.03 on Thursday. The stock has a market cap of $1.75 billion, a PE ratio of 16.69 and a beta of 0.98. The stock’s fifty day moving average is $55.89 and its two-hundred day moving average is $55.61. Franklin U.S. Mid Cap Multifactor Index ETF has a 1-year low of $46.23 and a 1-year high of $59.07.
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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