Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. lifted its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 92.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,935 shares of the company’s stock after acquiring an additional 5,733 shares during the period. Harbour Investments Inc. owned 0.10% of Franklin U.S. Mid Cap Multifactor Index ETF worth $612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Avantax Advisory Services Inc. increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 22.0% in the fourth quarter. Avantax Advisory Services Inc. now owns 65,880 shares of the company’s stock valued at $3,171,000 after purchasing an additional 11,870 shares during the last quarter. Kestra Private Wealth Services LLC grew its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 132.8% in the 4th quarter. Kestra Private Wealth Services LLC now owns 51,305 shares of the company’s stock valued at $2,469,000 after buying an additional 29,269 shares during the period. D.A. Davidson & CO. acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 4th quarter worth approximately $498,000. International Assets Investment Management LLC acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the fourth quarter valued at approximately $652,000. Finally, Lincoln National Corp grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 12.5% in the fourth quarter. Lincoln National Corp now owns 15,576 shares of the company’s stock worth $750,000 after acquiring an additional 1,725 shares during the period.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Down 0.3 %

BATS:FLQM opened at $54.38 on Thursday. The company has a market capitalization of $655.22 million, a P/E ratio of 16.96 and a beta of 0.90. Franklin U.S. Mid Cap Multifactor Index ETF has a 52 week low of $25.35 and a 52 week high of $28.79. The stock’s fifty day moving average is $52.47 and its two-hundred day moving average is $51.76.

About Franklin U.S. Mid Cap Multifactor Index ETF

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.