Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $58.70 and last traded at $58.55, with a volume of 20518 shares changing hands. The stock had previously closed at $57.78.
Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 0.4%
The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 16.69 and a beta of 0.98. The stock’s fifty day moving average price is $56.87 and its two-hundred day moving average price is $56.87.
Institutional Trading of Franklin U.S. Mid Cap Multifactor Index ETF
Hedge funds and other institutional investors have recently bought and sold shares of the business. Fifth Third Bancorp purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter worth about $50,000. Comerica Bank purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at about $51,000. Richards Merrill & Peterson Inc. acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter worth about $52,000. NewEdge Advisors LLC raised its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% during the 2nd quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock worth $58,000 after acquiring an additional 326 shares in the last quarter. Finally, Capital Investment Advisory Services LLC lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 14.8% during the fourth quarter. Capital Investment Advisory Services LLC now owns 1,718 shares of the company’s stock worth $97,000 after purchasing an additional 221 shares during the last quarter.
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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