Harbor Group Inc. boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) by 13.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 826,653 shares of the company’s stock after purchasing an additional 101,173 shares during the quarter. Franklin U.S. Mid Cap Multifactor Index ETF comprises approximately 7.0% of Harbor Group Inc.’s portfolio, making the stock its 5th biggest holding. Harbor Group Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $46,507,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the stock. Comerica Bank purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter valued at $51,000. NewEdge Advisors LLC increased its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% in the second quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock valued at $58,000 after acquiring an additional 326 shares during the last quarter. Steigerwald Gordon & Koch Inc. purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter valued at about $84,000. Keystone Financial Group purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter valued at about $214,000. Finally, JPMorgan Chase & Co. lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 45,360.0% during the third quarter. JPMorgan Chase & Co. now owns 4,546 shares of the company’s stock worth $257,000 after purchasing an additional 4,536 shares during the last quarter.
Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 0.8%
Shares of Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $54.81 on Tuesday. The firm has a market capitalization of $1.68 billion, a PE ratio of 16.69 and a beta of 0.98. Franklin U.S. Mid Cap Multifactor Index ETF has a 12 month low of $46.23 and a 12 month high of $58.66. The business’s 50-day moving average price is $57.28 and its 200-day moving average price is $56.68.
About Franklin U.S. Mid Cap Multifactor Index ETF
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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