Scotia Capital Inc. Purchases New Stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Scotia Capital Inc. acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,971 shares of the company’s stock, valued at approximately $270,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Franklin Resources Inc. boosted its holdings in shares of 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 buying an additional 1,066 shares during the period. Park Avenue Securities LLC bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the fourth quarter worth approximately $455,000. Caprock Group LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the fourth quarter valued at approximately $231,000. Raymond James Financial Inc. bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the fourth quarter worth approximately $92,389,000. Finally, Sanctuary Advisors LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth approximately $200,000.

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

FLQM opened at $50.15 on Wednesday. The business has a fifty day simple moving average of $52.91 and a 200 day simple moving average of $54.95. Franklin U.S. Mid Cap Multifactor Index ETF has a 1 year low of $46.23 and a 1 year high of $59.07. The company has a market capitalization of $1.39 billion, a PE ratio of 16.36 and a beta of 1.00.

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.