Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Hits New 12-Month High – Time to Buy?

Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQMGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $58.27 and last traded at $57.76, with a volume of 320264 shares. The stock had previously closed at $57.95.

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

The firm has a market cap of $689.98 million, a PE ratio of 16.96 and a beta of 0.90. The business’s 50 day moving average price is $56.50 and its 200 day moving average price is $54.09.

Institutional Investors Weigh In On Franklin U.S. Mid Cap Multifactor Index ETF

A number of large investors have recently modified their holdings of FLQM. Sage Mountain Advisors LLC lifted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 107.0% during the second quarter. Sage Mountain Advisors LLC now owns 677 shares of the company’s stock worth $35,000 after buying an additional 350 shares in the last quarter. Providence Capital Advisors LLC purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth $63,000. Aspire Wealth Management Corp raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 59.4% during the 3rd quarter. Aspire Wealth Management Corp now owns 1,320 shares of the company’s stock worth $74,000 after acquiring an additional 492 shares during the period. Signaturefd LLC purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at about $90,000. Finally, Farther Finance Advisors LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth about $196,000.

Franklin U.S. Mid Cap Multifactor Index ETF Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Franklin U.S. Mid Cap Multifactor Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin U.S. Mid Cap Multifactor Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.