Snowden Capital Advisors LLC Purchases 1,448 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Snowden Capital Advisors LLC increased its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 1.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 108,913 shares of the company’s stock after acquiring an additional 1,448 shares during the quarter. Snowden Capital Advisors LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $5,915,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Franklin Resources Inc. increased its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 8.2% during the third quarter. Franklin Resources Inc. now owns 14,084 shares of the company’s stock valued at $790,000 after buying an additional 1,066 shares during the last quarter. Park Avenue Securities LLC bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 4th quarter valued at $455,000. Redhawk Wealth Advisors Inc. increased its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 46.9% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 158,354 shares of the company’s stock worth $8,600,000 after purchasing an additional 50,548 shares in the last quarter. Harbor Group Inc. increased its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 67.1% in the 4th quarter. Harbor Group Inc. now owns 255,148 shares of the company’s stock worth $13,857,000 after purchasing an additional 102,474 shares in the last quarter. Finally, Certified Advisory Corp raised its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 6.3% in the 4th quarter. Certified Advisory Corp now owns 68,099 shares of the company’s stock worth $3,698,000 after purchasing an additional 4,063 shares during the period.

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

BATS FLQM opened at $54.28 on Friday. The business’s fifty day moving average is $51.58 and its 200 day moving average is $54.41. Franklin U.S. Mid Cap Multifactor Index ETF has a fifty-two week low of $46.23 and a fifty-two week high of $59.07. The company has a market capitalization of $1.55 billion, a PE ratio of 16.95 and a beta of 1.00.

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.