Family Capital Management Inc. Buys 3,926 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Family Capital Management Inc. boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 4.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 84,324 shares of the company’s stock after buying an additional 3,926 shares during the quarter. Franklin U.S. Mid Cap Multifactor Index ETF makes up about 2.8% of Family Capital Management Inc.’s holdings, making the stock its 9th biggest position. Family Capital Management Inc. owned about 0.70% of Franklin U.S. Mid Cap Multifactor Index ETF worth $4,580,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. AIFG Consultants Ltd. bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the fourth quarter valued at about $1,860,000. Essex Financial Services Inc. lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 3.6% in the 4th quarter. Essex Financial Services Inc. now owns 16,784 shares of the company’s stock worth $912,000 after acquiring an additional 587 shares during the period. Focus Financial Network Inc. grew its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 278.7% during the 4th quarter. Focus Financial Network Inc. now owns 27,285 shares of the company’s stock worth $1,482,000 after purchasing an additional 20,081 shares in the last quarter. Kestra Private Wealth Services LLC increased its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 8.9% during the fourth quarter. Kestra Private Wealth Services LLC now owns 109,588 shares of the company’s stock valued at $5,952,000 after purchasing an additional 8,955 shares during the period. Finally, Leo Wealth LLC raised its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 12.3% in the fourth quarter. Leo Wealth LLC now owns 95,859 shares of the company’s stock valued at $5,207,000 after purchasing an additional 10,508 shares in the last quarter.

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

FLQM opened at $55.61 on Friday. The company has a market capitalization of $670.10 million, a P/E ratio of 16.96 and a beta of 0.90. The firm’s fifty day moving average price is $55.64 and its two-hundred day moving average price is $55.30. Franklin U.S. Mid Cap Multifactor Index ETF has a fifty-two week low of $25.35 and a fifty-two week high of $28.79.

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.