Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Sets New 52-Week High at $53.09

Posted by Stacy Sanders on Jul 22nd, 2024

Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Get Free Report) shares hit a new 52-week high on Monday . The stock traded as high as $53.09 and last traded at $53.06, with a volume of 73885 shares. The stock had previously closed at $52.70.

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

The firm has a market capitalization of $640.58 million, a P/E ratio of 16.96 and a beta of 0.90. The stock has a 50 day moving average of $51.71 and a 200-day moving average of $50.79.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Clear Point Advisors Inc. lifted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 3.3% in the first quarter. Clear Point Advisors Inc. now owns 12,886 shares of the company’s stock worth $689,000 after buying an additional 410 shares in the last quarter. Kingsview Wealth Management LLC lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 3.0% in the 1st quarter. Kingsview Wealth Management LLC now owns 16,734 shares of the company’s stock worth $895,000 after purchasing an additional 484 shares in the last quarter. Aspire Private Capital LLC lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 34.4% in the 4th quarter. Aspire Private Capital LLC now owns 1,901 shares of the company’s stock worth $91,000 after purchasing an additional 487 shares in the last quarter. Private Trust Co. NA boosted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 12.3% in the 4th quarter. Private Trust Co. NA now owns 5,209 shares of the company’s stock valued at $251,000 after purchasing an additional 569 shares during the period. Finally, Aspire Wealth Management Corp purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 4th quarter valued at $29,000.

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.