Thrivent Financial for Lutherans Has $2.43 Million Holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Thrivent Financial for Lutherans raised its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 57.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,572 shares of the company’s stock after purchasing an additional 15,909 shares during the quarter. Thrivent Financial for Lutherans owned 0.36% of Franklin U.S. Mid Cap Multifactor Index ETF worth $2,427,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Cetera Investment Advisers bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the first quarter worth about $10,548,000. HBW Advisory Services LLC acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the second quarter valued at approximately $1,000,000. CWM LLC raised its position in Franklin U.S. Mid Cap Multifactor Index ETF by 12.5% during the second quarter. CWM LLC now owns 761,015 shares of the company’s stock valued at $39,032,000 after purchasing an additional 84,455 shares in the last quarter. Thomasville National Bank raised its position in Franklin U.S. Mid Cap Multifactor Index ETF by 1.8% during the second quarter. Thomasville National Bank now owns 91,650 shares of the company’s stock valued at $4,701,000 after purchasing an additional 1,610 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. grew its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 35.1% during the second quarter. Redhawk Wealth Advisors Inc. now owns 104,849 shares of the company’s stock worth $5,378,000 after buying an additional 27,249 shares during the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Down 0.3 %

Shares of Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $58.52 on Thursday. Franklin U.S. Mid Cap Multifactor Index ETF has a twelve month low of $25.35 and a twelve month high of $28.79. The stock has a market cap of $705.17 million, a price-to-earnings ratio of 16.96 and a beta of 0.90. The company’s fifty day moving average is $56.02 and its 200 day moving average is $53.73.

Franklin U.S. Mid Cap Multifactor Index ETF Company 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.