Caprock Group LLC Invests $231,000 in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Caprock Group LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,246 shares of the company’s stock, valued at approximately $231,000.

A number of other institutional investors have also modified their holdings of FLQM. Providence Capital Advisors LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter worth about $63,000. Aspire Wealth Management Corp grew 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 during the period. Signaturefd LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter valued at $90,000. Sanctuary Advisors LLC purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at about $200,000. Finally, Farther Finance Advisors LLC purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at approximately $196,000.

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

BATS:FLQM opened at $55.90 on Friday. 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. The company has a fifty day moving average of $55.94 and a two-hundred day moving average of $55.21. The stock has a market capitalization of $673.56 million, a PE 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.