Moneywise Inc. trimmed its holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) by 33.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,163 shares of the company’s stock after selling 19,965 shares during the quarter. Franklin U.S. Mid Cap Multifactor Index ETF makes up about 1.1% of Moneywise Inc.’s holdings, making the stock its 21st biggest position. Moneywise Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $2,127,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Providence Capital Advisors LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at $63,000. Aspire Wealth Management Corp increased its stake in 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 buying an additional 492 shares during the period. Signaturefd LLC acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at $90,000. Farther Finance Advisors LLC acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at $196,000. Finally, Sanctuary Advisors LLC acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at $200,000.
Franklin U.S. Mid Cap Multifactor Index ETF Stock Performance
Shares of FLQM opened at $56.03 on Thursday. The stock has a market capitalization of $675.11 million, a P/E ratio of 16.96 and a beta of 0.90. The company’s fifty day moving average is $55.99 and its two-hundred day moving average is $55.21. Franklin U.S. Mid Cap Multifactor Index ETF has a 1 year low of $25.35 and a 1 year high of $28.79.
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.
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