Leavell Investment Management Inc. Raises Stock Position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Leavell Investment Management Inc. boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 9.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 31,250 shares of the company’s stock after purchasing an additional 2,720 shares during the quarter. Leavell Investment Management Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $1,741,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Private Advisor Group LLC raised its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 11.1% in the second quarter. Private Advisor Group LLC now owns 291,131 shares of the company’s stock worth $14,932,000 after buying an additional 29,121 shares in the last quarter. Redwood Financial Network Corp raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 9.0% in the 2nd quarter. Redwood Financial Network Corp now owns 9,714 shares of the company’s stock valued at $498,000 after acquiring an additional 800 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 12.6% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 16,884 shares of the company’s stock valued at $866,000 after acquiring an additional 1,883 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 0.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,274,133 shares of the company’s stock worth $65,350,000 after purchasing an additional 6,823 shares in the last quarter. Finally, CWM LLC increased its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 36.1% in the third quarter. CWM LLC now owns 1,035,544 shares of the company’s stock worth $57,680,000 after purchasing an additional 274,529 shares during the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Price Performance

Shares of BATS:FLQM opened at $57.69 on Friday. Franklin U.S. Mid Cap Multifactor Index ETF has a one year low of $25.35 and a one year high of $28.79. The company’s fifty day moving average price is $55.10 and its 200-day moving average price is $53.14. The firm has a market capitalization of $695.16 million, a price-to-earnings ratio of 16.96 and a beta of 0.90.

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.