8,387 Shares in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,387 shares of the company’s stock, valued at approximately $455,000. Park Avenue Securities LLC owned 0.07% of Franklin U.S. Mid Cap Multifactor Index ETF at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FLQM. Providence Capital Advisors LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at about $63,000. Aspire Wealth Management Corp increased its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 59.4% in the 3rd quarter. Aspire Wealth Management Corp now owns 1,320 shares of the company’s stock valued at $74,000 after purchasing an additional 492 shares during the last quarter. Signaturefd LLC purchased a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at approximately $90,000. Sanctuary Advisors LLC purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth approximately $200,000. Finally, Farther Finance Advisors LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth approximately $196,000.

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

Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $56.45 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 company has a market cap of $680.16 million, a PE ratio of 16.96 and a beta of 0.90. The stock’s 50 day moving average price is $56.20 and its 200 day moving average price is $54.94.

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.