Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $58.70 and last traded at $58.55, with a volume of 20518 shares trading hands. The stock had previously closed at $57.78.
Franklin U.S. Mid Cap Multifactor Index ETF Price Performance
The stock has a market capitalization of $1.77 billion, a P/E ratio of 16.69 and a beta of 0.98. The stock has a 50 day moving average price of $56.81 and a 200-day moving average price of $56.86.
Hedge Funds Weigh In On Franklin U.S. Mid Cap Multifactor Index ETF
A number of large investors have recently bought and sold shares of FLQM. Fifth Third Bancorp purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the first quarter valued at approximately $50,000. Comerica Bank bought a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter valued at $51,000. Richards Merrill & Peterson Inc. purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter valued at $52,000. NewEdge Advisors LLC grew its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% in the 2nd quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock worth $58,000 after acquiring an additional 326 shares during the last quarter. Finally, Capital Investment Advisory Services LLC grew its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 14.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,718 shares of the company’s stock worth $97,000 after acquiring an additional 221 shares during the last quarter.
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.
Further Reading
- Five stocks we like better than Franklin U.S. Mid Cap Multifactor Index ETF
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
- Getty Images’ OpenAI Deal Gives the Stock a New AI Licensing Story
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.
