Cambridge Investment Research Advisors Inc. Cuts Position in Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS)

Cambridge Investment Research Advisors Inc. decreased its position in shares of Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) by 0.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 45,456 shares of the company’s stock after selling 353 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 4.78% of Franklin U.S. Small Cap Multifactor Index ETF worth $1,766,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FLQS. Cetera Advisors LLC bought a new position in Franklin U.S. Small Cap Multifactor Index ETF during the first quarter valued at approximately $445,000. Private Advisor Group LLC raised its position in Franklin U.S. Small Cap Multifactor Index ETF by 10.4% in the fourth quarter. Private Advisor Group LLC now owns 30,232 shares of the company’s stock worth $1,177,000 after acquiring an additional 2,854 shares during the period. Finally, Cornerstone Wealth Management LLC raised its position in Franklin U.S. Small Cap Multifactor Index ETF by 5.2% in the first quarter. Cornerstone Wealth Management LLC now owns 32,990 shares of the company’s stock worth $1,340,000 after acquiring an additional 1,644 shares during the period.

Franklin U.S. Small Cap Multifactor Index ETF Trading Up 0.8 %

FLQS opened at $41.91 on Tuesday. Franklin U.S. Small Cap Multifactor Index ETF has a 1-year low of $24.33 and a 1-year high of $26.92. The company has a market capitalization of $39.81 million, a PE ratio of 12.45 and a beta of 1.02. The firm’s 50 day simple moving average is $40.35 and its two-hundred day simple moving average is $39.55.

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

The Franklin U.S. Small Cap Multifactor Index ETF (FLQS) is an exchange-traded fund that is based on the LibertyQ US Small Cap Equity index. The fund tracks a multi-factor US small-cap index based on a composite scores of quality, value, momentum, and low-volatility. FLQS was launched on Apr 26, 2017 and is managed by Franklin Templeton.