Essex Financial Services Inc. Purchases 587 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Essex Financial Services Inc. boosted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 3.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,784 shares of the company’s stock after buying an additional 587 shares during the period. Essex Financial Services Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $912,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Providence Capital Advisors LLC bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at approximately $63,000. Aspire Wealth Management Corp boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 59.4% in the 3rd quarter. Aspire Wealth Management Corp now owns 1,320 shares of the company’s stock valued at $74,000 after purchasing an additional 492 shares in the last quarter. Signaturefd LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at $90,000. Farther Finance Advisors LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth $196,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth $200,000.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Up 0.8 %

Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $55.49 on Wednesday. The stock has a market cap of $668.65 million, a PE ratio of 16.96 and a beta of 0.90. Franklin U.S. Mid Cap Multifactor Index ETF has a 12-month low of $25.35 and a 12-month high of $28.79. The business’s 50-day moving average price is $55.77 and its two-hundred day moving average price is $55.29.

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.