Cerity Partners LLC Takes $332,000 Position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Cerity Partners LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 6,111 shares of the company’s stock, valued at approximately $332,000. Cerity Partners LLC owned approximately 0.05% of Franklin U.S. Mid Cap Multifactor Index ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 3.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 207,708 shares of the company’s stock valued at $11,281,000 after acquiring an additional 6,660 shares in the last quarter. National Bank of Canada FI grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 87.6% during the fourth quarter. National Bank of Canada FI now owns 938 shares of the company’s stock worth $51,000 after buying an additional 438 shares during the period. Franklin Resources Inc. boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 12.0% during the fourth quarter. Franklin Resources Inc. now owns 15,768 shares of the company’s stock worth $856,000 after purchasing an additional 1,684 shares in the last quarter. Riggs Capital Management LLC purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the fourth quarter valued at $2,461,000. Finally, Hazlett Burt & Watson Inc. lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 14.5% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 23,351 shares of the company’s stock valued at $1,269,000 after buying an additional 2,961 shares in the last quarter.

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

Shares of FLQM opened at $50.57 on Thursday. Franklin U.S. Mid Cap Multifactor Index ETF has a fifty-two week low of $46.23 and a fifty-two week high of $59.07. The stock has a fifty day moving average of $52.26 and a two-hundred day moving average of $54.73. The company has a market capitalization of $1.40 billion, a PE ratio of 16.36 and a beta of 1.00.

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