AIFG Consultants Ltd. Purchases New Stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

AIFG Consultants Ltd. purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) in the 4th quarter, HoldingsChannel reports. The fund purchased 34,246 shares of the company’s stock, valued at approximately $1,860,000. Franklin U.S. Mid Cap Multifactor Index ETF accounts for 3.0% of AIFG Consultants Ltd.’s portfolio, making the stock its 12th biggest position.

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

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

BATS FLQM opened at $55.55 on Tuesday. The stock has a market capitalization of $669.43 million, a price-to-earnings ratio of 16.96 and a beta of 0.90. Franklin U.S. Mid Cap Multifactor Index ETF has a one year low of $25.35 and a one year high of $28.79. The business’s fifty day moving average is $55.83 and its 200-day moving average is $55.27.

Franklin U.S. Mid Cap Multifactor Index ETF 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.