Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Sets New 1-Year High at $55.03

Posted by Jessica Moore on Aug 28th, 2024

Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $55.03 and last traded at $54.61, with a volume of 115376 shares. The stock had previously closed at $54.74.

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

The business has a 50 day moving average price of $52.47 and a 200 day moving average price of $51.76. The stock has a market capitalization of $655.22 million, a PE ratio of 16.96 and a beta of 0.90.

Institutional Trading of Franklin U.S. Mid Cap Multifactor Index ETF

Several institutional investors have recently bought and sold shares of the company. Avantax Advisory Services Inc. grew its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 22.0% during the fourth quarter. Avantax Advisory Services Inc. now owns 65,880 shares of the company’s stock valued at $3,171,000 after buying an additional 11,870 shares during the last quarter. Kestra Private Wealth Services LLC increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 132.8% in the 4th quarter. Kestra Private Wealth Services LLC now owns 51,305 shares of the company’s stock worth $2,469,000 after purchasing an additional 29,269 shares in the last quarter. D.A. Davidson & CO. purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the fourth quarter worth $498,000. International Assets Investment Management LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the fourth quarter valued at $652,000. Finally, Lincoln National Corp increased its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 12.5% in the 4th quarter. Lincoln National Corp now owns 15,576 shares of the company’s stock worth $750,000 after buying an additional 1,725 shares in the last quarter.

About Franklin U.S. Mid Cap Multifactor Index ETF

(Get Free Report)

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.