Scotia Capital Inc. Makes New Investment in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Scotia Capital Inc. acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 4,971 shares of the company’s stock, valued at approximately $270,000.

A number of other hedge funds and other institutional investors have also modified their holdings of FLQM. Assetmark Inc. bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the fourth quarter valued at approximately $29,000. National Bank of Canada FI boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 87.6% in the 4th quarter. National Bank of Canada FI now owns 938 shares of the company’s stock valued at $51,000 after buying an additional 438 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at $200,000. Farther Finance Advisors LLC increased its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 6.1% during the fourth quarter. Farther Finance Advisors LLC now owns 3,729 shares of the company’s stock worth $203,000 after buying an additional 216 shares during the last quarter. Finally, Wintrust Investments LLC bought a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the fourth quarter worth $225,000.

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

Shares of FLQM opened at $50.15 on Wednesday. The company has a market cap of $1.39 billion, a PE ratio of 16.36 and a beta of 1.00. The firm has a 50-day moving average of $52.91 and a 200-day moving average of $54.95. Franklin U.S. Mid Cap Multifactor Index ETF has a one year low of $46.23 and a one year high of $59.07.

Franklin U.S. Mid Cap Multifactor Index ETF 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.