Investor s Fiduciary Advisor Network LLC Makes New Investment in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Investor s Fiduciary Advisor Network LLC bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 5,827 shares of the company’s stock, valued at approximately $316,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Westover Capital Advisors LLC increased its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 1.6% in the fourth quarter. Westover Capital Advisors LLC now owns 11,699 shares of the company’s stock worth $635,000 after purchasing an additional 187 shares during the period. Farther Finance Advisors LLC grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 6.1% during the 4th quarter. Farther Finance Advisors LLC now owns 3,729 shares of the company’s stock worth $203,000 after buying an additional 216 shares in the last quarter. Pacific Sun Financial Corp grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 3.9% during the 4th quarter. Pacific Sun Financial Corp now owns 6,922 shares of the company’s stock worth $376,000 after buying an additional 260 shares in the last quarter. Orion Portfolio Solutions LLC grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 2.5% during the 4th quarter. Orion Portfolio Solutions LLC now owns 12,803 shares of the company’s stock worth $695,000 after buying an additional 312 shares in the last quarter. Finally, Berger Financial Group Inc grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 0.8% during the 4th quarter. Berger Financial Group Inc now owns 47,297 shares of the company’s stock worth $2,569,000 after buying an additional 375 shares in the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 4.7%

FLQM opened at $53.02 on Monday. Franklin U.S. Mid Cap Multifactor Index ETF has a 12-month low of $46.23 and a 12-month high of $59.07. The business’s fifty day simple moving average is $51.54 and its 200-day simple moving average is $54.42. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 16.95 and a beta of 1.00.

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.