Franklin U.S. Mid Cap Multifactor Index ETF $FLQM Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. reduced its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 52.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,575 shares of the company’s stock after selling 14,828 shares during the period. Harbour Investments Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its position in Franklin U.S. Mid Cap Multifactor Index ETF by 22.1% during the first quarter. Royal Bank of Canada now owns 350,852 shares of the company’s stock worth $18,598,000 after acquiring an additional 63,617 shares during the period. Onyx Bridge Wealth Group LLC acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the first quarter worth $320,000. Atria Wealth Solutions Inc. raised its position in Franklin U.S. Mid Cap Multifactor Index ETF by 2.8% during the first quarter. Atria Wealth Solutions Inc. now owns 10,831 shares of the company’s stock worth $574,000 after acquiring an additional 300 shares during the period. WCG Wealth Advisors LLC raised its position in Franklin U.S. Mid Cap Multifactor Index ETF by 508.5% during the first quarter. WCG Wealth Advisors LLC now owns 80,606 shares of the company’s stock worth $4,273,000 after acquiring an additional 67,359 shares during the period. Finally, Flynn Zito Capital Management LLC raised its position in Franklin U.S. Mid Cap Multifactor Index ETF by 35.1% during the first quarter. Flynn Zito Capital Management LLC now owns 317,710 shares of the company’s stock worth $16,842,000 after acquiring an additional 82,586 shares during the period.

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

BATS:FLQM opened at $55.86 on Monday. The company has a fifty day moving average of $56.47 and a two-hundred day moving average of $54.31. The stock has a market capitalization of $1.71 billion, a PE ratio of 16.69 and a beta of 0.98. 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.

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.