Oppenheimer & Co. Inc. Raises Stock Holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Oppenheimer & Co. Inc. increased its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 30.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,378 shares of the company’s stock after acquiring an additional 5,023 shares during the period. Oppenheimer & Co. Inc. owned approximately 0.08% of Franklin U.S. Mid Cap Multifactor Index ETF worth $1,133,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Assetmark Inc. purchased a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 4th quarter worth $29,000. National Bank of Canada FI raised its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 87.6% in the 4th quarter. National Bank of Canada FI now owns 938 shares of the company’s stock worth $51,000 after acquiring an additional 438 shares during the last quarter. Ancora Advisors LLC raised its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 59.5% in the 4th quarter. Ancora Advisors LLC now owns 1,680 shares of the company’s stock worth $91,000 after acquiring an additional 627 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 1,703.0% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,029 shares of the company’s stock worth $161,000 after acquiring an additional 2,861 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 6.1% in the 4th quarter. Farther Finance Advisors LLC now owns 3,729 shares of the company’s stock worth $203,000 after acquiring an additional 216 shares during the last quarter.

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

Shares of FLQM stock opened at $54.21 on Friday. The firm has a market capitalization of $1.64 billion, a price-to-earnings ratio of 16.95 and a beta of 0.98. The business has a fifty day moving average of $53.18 and a 200 day moving average of $53.71. Franklin U.S. Mid Cap Multifactor Index ETF has a 1 year low of $46.23 and a 1 year high of $59.07.

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.