Harbour Investments Inc. Purchases 4,434 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Harbour Investments Inc. lifted its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 26.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 21,310 shares of the company’s stock after buying an additional 4,434 shares during the period. Harbour Investments Inc. owned about 0.18% of Franklin U.S. Mid Cap Multifactor Index ETF worth $1,157,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FLQM. Raymond James Financial Inc. bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the fourth quarter worth approximately $92,389,000. Orgel Wealth Management LLC lifted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 165.4% during the fourth quarter. Orgel Wealth Management LLC now owns 1,537,350 shares of the company’s stock valued at $83,494,000 after purchasing an additional 958,040 shares during the period. LPL Financial LLC lifted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 28.7% during the third quarter. LPL Financial LLC now owns 2,367,312 shares of the company’s stock valued at $131,859,000 after purchasing an additional 527,519 shares during the period. Atria Investments Inc lifted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 344.3% during the fourth quarter. Atria Investments Inc now owns 164,792 shares of the company’s stock valued at $8,950,000 after purchasing an additional 127,698 shares during the period. Finally, Bank of Montreal Can bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter valued at approximately $5,855,000.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Down 4.5 %

Shares of Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $52.61 on Wednesday. The company has a market cap of $1.41 billion, a price-to-earnings ratio of 16.92 and a beta of 1.05. The company’s 50 day moving average is $54.94 and its 200 day moving average is $55.47. Franklin U.S. Mid Cap Multifactor Index ETF has a twelve month low of $49.72 and a twelve month high of $59.07.

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.