Fmr LLC Sells 254 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Fmr LLC lowered its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 19.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,048 shares of the company’s stock after selling 254 shares during the quarter. Fmr LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $58,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Orgel Wealth Management LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter worth about $32,268,000. LPL Financial LLC lifted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 28.7% in the 3rd quarter. LPL Financial LLC now owns 2,367,312 shares of the company’s stock worth $131,859,000 after purchasing an additional 527,519 shares during the last quarter. CWM LLC boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 36.1% during the third quarter. CWM LLC now owns 1,035,544 shares of the company’s stock worth $57,680,000 after purchasing an additional 274,529 shares during the period. Financial Partners Group Inc acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter valued at approximately $6,925,000. Finally, Commonwealth Equity Services LLC raised its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 119.2% in the second quarter. Commonwealth Equity Services LLC now owns 216,678 shares of the company’s stock valued at $11,113,000 after purchasing an additional 117,829 shares during the period.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 0.7 %

BATS FLQM opened at $54.98 on Wednesday. Franklin U.S. Mid Cap Multifactor Index ETF has a 1 year low of $25.35 and a 1 year high of $28.79. The company has a fifty day simple moving average of $56.63 and a 200 day simple moving average of $54.41. The company has a market cap of $662.51 million, a P/E 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.