Signaturefd LLC Takes $90,000 Position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Signaturefd LLC purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) in the 3rd quarter, Holdings Channel reports. The fund purchased 1,620 shares of the company’s stock, valued at approximately $90,000.

Several other hedge funds have also added to or reduced their stakes in FLQM. Orgel Wealth Management LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter valued at $32,268,000. CWM LLC lifted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 36.1% during the 3rd quarter. CWM LLC now owns 1,035,544 shares of the company’s stock valued at $57,680,000 after purchasing an additional 274,529 shares during the last quarter. Cetera Investment Advisers acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter valued at $10,548,000. Raymond James & Associates lifted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 119.1% during the 2nd quarter. Raymond James & Associates now owns 342,750 shares of the company’s stock valued at $17,580,000 after purchasing an additional 186,321 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 119.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 216,678 shares of the company’s stock valued at $11,113,000 after purchasing an additional 117,829 shares during the last quarter.

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

Shares of Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $55.15 on Tuesday. The business has a fifty day simple moving average of $54.81 and a two-hundred day simple moving average of $52.79. Franklin U.S. Mid Cap Multifactor Index ETF has a 1 year low of $25.35 and a 1 year high of $28.79. The company has a market capitalization of $664.56 million, a price-to-earnings ratio of 16.96 and a beta of 0.90.

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.