KMG Fiduciary Partners LLC Buys 4,892 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

KMG Fiduciary Partners LLC lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 8.6% during the fourth quarter, HoldingsChannel reports. The firm owned 62,106 shares of the company’s stock after purchasing an additional 4,892 shares during the period. KMG Fiduciary Partners LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $3,373,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Franklin Resources Inc. grew its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 8.2% during the 3rd quarter. Franklin Resources Inc. now owns 14,084 shares of the company’s stock worth $790,000 after acquiring an additional 1,066 shares in the last quarter. CWM LLC lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 36.1% during the third quarter. CWM LLC now owns 1,035,544 shares of the company’s stock valued at $57,680,000 after buying an additional 274,529 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 49.7% during the second quarter. AQR Capital Management LLC now owns 8,180 shares of the company’s stock valued at $420,000 after buying an additional 2,716 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 7.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 15,414 shares of the company’s stock valued at $859,000 after buying an additional 1,069 shares during the last quarter. Finally, ProVise Management Group LLC purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the second quarter valued at about $283,000.

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

FLQM stock opened at $55.96 on Friday. The firm has a market cap of $674.32 million, a price-to-earnings ratio of 16.96 and a beta of 0.90. The firm has a 50-day simple moving average of $56.31 and a two-hundred day simple moving average of $54.76. Franklin U.S. Mid Cap Multifactor Index ETF has a one year low of $25.35 and a one 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.