Clear Point Advisors Inc. Decreases Stake in Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Clear Point Advisors Inc. lowered its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 15.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,750 shares of the company’s stock after selling 1,930 shares during the quarter. Clear Point Advisors Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $584,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in FLQM. Royal Bank of Canada lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 22.1% during the 1st quarter. Royal Bank of Canada now owns 350,852 shares of the company’s stock worth $18,598,000 after buying an additional 63,617 shares during the last quarter. Onyx Bridge Wealth Group LLC purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter worth approximately $320,000. Atria Wealth Solutions Inc. lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 2.8% during the 1st quarter. Atria Wealth Solutions Inc. now owns 10,831 shares of the company’s stock worth $574,000 after buying an additional 300 shares during the last quarter. WCG Wealth Advisors LLC lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 508.5% during the 1st quarter. WCG Wealth Advisors LLC now owns 80,606 shares of the company’s stock worth $4,273,000 after buying an additional 67,359 shares during the last quarter. Finally, Flynn Zito Capital Management LLC lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 35.1% during the 1st quarter. Flynn Zito Capital Management LLC now owns 317,710 shares of the company’s stock worth $16,842,000 after buying an additional 82,586 shares during the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Down 0.2%

Shares of BATS:FLQM opened at $56.48 on Friday. The company has a market capitalization of $1.73 billion, a PE ratio of 16.69 and a beta of 0.98. Franklin U.S. Mid Cap Multifactor Index ETF has a twelve month low of $46.23 and a twelve month high of $59.07. The firm has a 50 day simple moving average of $56.10 and a 200-day simple moving average of $53.94.

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.