Jones Financial Companies Lllp raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) by 139.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 64,244 shares of the company’s stock after buying an additional 37,465 shares during the period. Jones Financial Companies Lllp’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $3,489,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Providence Capital Advisors LLC bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth $63,000. Aspire Wealth Management Corp boosted its position 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 during the period. Farther Finance Advisors LLC purchased a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter worth about $196,000. Sanctuary Advisors LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth about $200,000. Finally, Caprock Group LLC purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the fourth quarter valued at about $231,000.
Franklin U.S. Mid Cap Multifactor Index ETF Price Performance
Shares of FLQM opened at $53.84 on Thursday. The company has a 50-day moving average of $55.27 and a two-hundred day moving average of $55.56. The stock 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 has a one year low of $49.72 and a one year high of $59.07.
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.
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