Franklin U.S. Mid Cap Multifactor Index ETF $FLQM Shares Acquired by Sherrill & Hutchins Financial Advisory Inc

Sherrill & Hutchins Financial Advisory Inc lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 19.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 207,631 shares of the company’s stock after acquiring an additional 33,567 shares during the period. Franklin U.S. Mid Cap Multifactor Index ETF accounts for approximately 8.5% of Sherrill & Hutchins Financial Advisory Inc’s portfolio, making the stock its 4th biggest position. Sherrill & Hutchins Financial Advisory Inc owned about 0.68% of Franklin U.S. Mid Cap Multifactor Index ETF worth $11,721,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Ameritas Advisory Services LLC acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 2nd quarter valued at about $53,000. NewEdge Advisors LLC lifted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% in the 2nd quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock worth $58,000 after acquiring an additional 326 shares during the last quarter. Intrua Financial LLC purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the first quarter valued at approximately $212,000. Cozad Asset Management Inc. acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the second quarter worth $292,000. Finally, MBL Wealth LLC purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the second quarter worth $303,000.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 0.8%

FLQM stock opened at $57.03 on Thursday. The company has a market capitalization of $1.75 billion, a PE ratio of 16.69 and a beta of 0.98. Franklin U.S. Mid Cap Multifactor Index ETF has a 12-month low of $46.23 and a 12-month high of $59.07. The business’s fifty day moving average price is $55.89 and its 200 day moving average price is $55.61.

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.