Franklin Resources Inc. Raises Holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Franklin Resources Inc. increased its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 12.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 15,768 shares of the company’s stock after acquiring an additional 1,684 shares during the quarter. Franklin Resources Inc. owned about 0.13% of Franklin U.S. Mid Cap Multifactor Index ETF worth $856,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FLQM. Raymond James Financial Inc. bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the fourth quarter valued at approximately $92,389,000. Orgel Wealth Management LLC raised its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 165.4% during the 4th quarter. Orgel Wealth Management LLC now owns 1,537,350 shares of the company’s stock valued at $83,494,000 after acquiring an additional 958,040 shares during the period. LPL Financial LLC lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 6.7% during the fourth quarter. LPL Financial LLC now owns 2,526,850 shares of the company’s stock worth $137,233,000 after acquiring an additional 159,538 shares in the last quarter. Atria Investments Inc grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 344.3% in the fourth quarter. Atria Investments Inc now owns 164,792 shares of the company’s stock valued at $8,950,000 after purchasing an additional 127,698 shares in the last quarter. Finally, Harbor Group Inc. raised its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 67.1% during the 4th quarter. Harbor Group Inc. now owns 255,148 shares of the company’s stock valued at $13,857,000 after purchasing an additional 102,474 shares during the period.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Down 0.9 %

Shares of BATS FLQM opened at $50.15 on Wednesday. The company has a market cap of $1.39 billion, a P/E ratio of 16.36 and a beta of 1.00. Franklin U.S. Mid Cap Multifactor Index ETF has a 52 week low of $46.23 and a 52 week high of $59.07. The business has a 50-day simple moving average of $52.91 and a two-hundred day simple moving average of $54.95.

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.