Empirical Asset Management LLC Has $694,000 Stock Position in Franklin U.S. Small Cap Multifactor Index ETF $FLQS

Empirical Asset Management LLC reduced its position in Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) by 46.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,781 shares of the company’s stock after selling 13,806 shares during the period. Empirical Asset Management LLC owned about 1.37% of Franklin U.S. Small Cap Multifactor Index ETF worth $694,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FLQS. Cetera Investment Advisers grew its stake in shares of Franklin U.S. Small Cap Multifactor Index ETF by 83.9% in the 2nd quarter. Cetera Investment Advisers now owns 32,051 shares of the company’s stock valued at $1,318,000 after buying an additional 14,623 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new stake in Franklin U.S. Small Cap Multifactor Index ETF in the second quarter valued at approximately $380,000. Raymond James Financial Inc. bought a new stake in Franklin U.S. Small Cap Multifactor Index ETF in the second quarter worth approximately $256,000. Osaic Holdings Inc. increased its stake in shares of Franklin U.S. Small Cap Multifactor Index ETF by 22.6% during the 2nd quarter. Osaic Holdings Inc. now owns 33,731 shares of the company’s stock worth $1,387,000 after purchasing an additional 6,212 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. acquired a new position in shares of Franklin U.S. Small Cap Multifactor Index ETF during the 3rd quarter worth $8,966,000.

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

FLQS stock opened at $45.41 on Thursday. The firm has a market cap of $52.22 million, a PE ratio of 16.41 and a beta of 0.99. Franklin U.S. Small Cap Multifactor Index ETF has a 1 year low of $34.72 and a 1 year high of $45.94. The company has a fifty day simple moving average of $44.66 and a 200 day simple moving average of $43.78.

About Franklin U.S. Small Cap Multifactor Index ETF

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.