HBW Advisory Services LLC Purchases 698 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

HBW Advisory Services LLC increased its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 3.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 20,591 shares of the company’s stock after buying an additional 698 shares during the quarter. HBW Advisory Services LLC owned 0.17% of Franklin U.S. Mid Cap Multifactor Index ETF worth $1,118,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Aspire Wealth Management Corp raised its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 59.4% during the 3rd quarter. Aspire Wealth Management Corp now owns 1,320 shares of the company’s stock worth $74,000 after purchasing an additional 492 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in Franklin U.S. Mid Cap Multifactor Index ETF by 8.5% during the third quarter. Oppenheimer & Co. Inc. now owns 10,238 shares of the company’s stock worth $570,000 after acquiring an additional 800 shares in the last quarter. Franklin Resources Inc. grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 8.2% in the 3rd quarter. Franklin Resources Inc. now owns 14,084 shares of the company’s stock valued at $790,000 after acquiring an additional 1,066 shares during the period. Dynamic Advisor Solutions LLC grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 7.5% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 15,414 shares of the company’s stock valued at $859,000 after acquiring an additional 1,069 shares during the period. Finally, Providence Capital Advisors LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth about $63,000.

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

Shares of FLQM stock opened at $54.12 on Friday. 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 has a market cap of $652.15 million, a price-to-earnings ratio of 16.96 and a beta of 0.90. The firm’s 50-day moving average is $56.41 and its 200-day moving average is $54.66.

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.