Private Trust Co. NA Decreases Holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Private Trust Co. NA decreased its holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 14.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,086 shares of the company’s stock after selling 880 shares during the period. Private Trust Co. NA’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $276,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in FLQM. Franklin Resources Inc. lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 8.2% in the third quarter. Franklin Resources Inc. now owns 14,084 shares of the company’s stock worth $790,000 after purchasing an additional 1,066 shares during the last quarter. Park Avenue Securities LLC bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 4th quarter worth approximately $455,000. Caprock Group LLC purchased a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 4th quarter worth approximately $231,000. Thrivent Financial for Lutherans lifted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 57.5% in the third quarter. Thrivent Financial for Lutherans now owns 43,572 shares of the company’s stock valued at $2,427,000 after purchasing an additional 15,909 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter valued at approximately $200,000.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Down 1.7 %

Shares of BATS FLQM opened at $54.15 on Tuesday. The firm’s fifty day moving average is $55.32 and its 200 day moving average is $55.57. Franklin U.S. Mid Cap Multifactor Index ETF has a 52 week low of $25.35 and a 52 week high of $28.79. The company has a market cap of $1.45 billion, a price-to-earnings ratio of 16.92 and a beta of 1.05.

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.