Harbour Investments Inc. Has $940,000 Stock Holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Harbour Investments Inc. increased its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 41.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,876 shares of the company’s stock after acquiring an additional 4,941 shares during the quarter. Harbour Investments Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $940,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in FLQM. Sage Mountain Advisors LLC lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 107.0% in the second quarter. Sage Mountain Advisors LLC now owns 677 shares of the company’s stock valued at $35,000 after buying an additional 350 shares during the period. Aspire Wealth Management Corp lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 59.4% in the third quarter. Aspire Wealth Management Corp now owns 1,320 shares of the company’s stock valued at $74,000 after buying an additional 492 shares during the period. Signaturefd LLC acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at about $90,000. Farther Finance Advisors LLC acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at about $196,000. Finally, Onyx Bridge Wealth Group LLC acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at about $209,000.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Down 0.7 %

BATS:FLQM opened at $57.04 on Friday. Franklin U.S. Mid Cap Multifactor Index ETF has a 1-year low of $25.35 and a 1-year high of $28.79. The business’s 50-day moving average price is $55.31 and its two-hundred day moving average price is $53.29. The firm has a market capitalization of $687.33 million, a price-to-earnings ratio of 16.96 and a beta of 0.90.

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.