Hazlett Burt & Watson Inc. Buys 2,961 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Hazlett Burt & Watson Inc. boosted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 14.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,351 shares of the company’s stock after buying an additional 2,961 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $1,269,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Franklin Resources Inc. raised its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 8.2% during the third quarter. Franklin Resources Inc. now owns 14,084 shares of the company’s stock valued at $790,000 after acquiring an additional 1,066 shares in the last quarter. Park Avenue Securities LLC purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 4th quarter worth $455,000. Caprock Group LLC purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 4th quarter worth $231,000. Raymond James Financial Inc. bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 4th quarter worth $92,389,000. Finally, Sanctuary Advisors LLC purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter valued at $200,000.

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

BATS:FLQM opened at $52.53 on Monday. Franklin U.S. Mid Cap Multifactor Index ETF has a 1-year low of $49.72 and a 1-year high of $59.07. The company has a 50-day moving average of $54.63 and a 200 day moving average of $55.43. The firm has a market cap of $1.43 billion, a PE ratio of 17.08 and a beta of 1.05.

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.