Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Hits New 1-Year High – Here’s What Happened

Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQMGet Free Report)’s stock price reached a new 52-week high on Thursday . The company traded as high as $58.77 and last traded at $58.91, with a volume of 7029 shares trading hands. The stock had previously closed at $58.21.

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

The stock has a 50 day moving average of $56.99 and a two-hundred day moving average of $56.93. The stock has a market cap of $1.81 billion, a PE ratio of 16.69 and a beta of 0.98.

Institutional Investors Weigh In On Franklin U.S. Mid Cap Multifactor Index ETF

A number of large investors have recently made changes to their positions in FLQM. Fifth Third Bancorp acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 1st quarter worth approximately $50,000. Comerica Bank purchased a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth approximately $51,000. Richards Merrill & Peterson Inc. acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter valued at $52,000. NewEdge Advisors LLC raised its stake in 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 valued at $58,000 after purchasing an additional 326 shares during the period. Finally, Capital Investment Advisory Services LLC lifted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 14.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,718 shares of the company’s stock valued at $97,000 after purchasing an additional 221 shares in the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Company Profile

(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.

Further Reading

Receive News & Ratings for Franklin U.S. Mid Cap Multifactor Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin U.S. Mid Cap Multifactor Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.