Farther Finance Advisors LLC Sells 14,008 Shares of Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Farther Finance Advisors LLC trimmed its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 62.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,513 shares of the company’s stock after selling 14,008 shares during the quarter. Farther Finance Advisors LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $462,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Golden State Wealth Management LLC bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter worth approximately $25,000. Thurston Springer Miller Herd & Titak Inc. grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 1,703.0% during 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. Intrua Financial LLC bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter worth approximately $212,000. International Assets Investment Management LLC bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter worth approximately $244,000. Finally, Axis Wealth Partners LLC grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 6.8% during the 1st quarter. Axis Wealth Partners LLC now owns 4,817 shares of the company’s stock worth $255,000 after acquiring an additional 306 shares during the last quarter.

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

BATS FLQM opened at $56.48 on Friday. Franklin U.S. Mid Cap Multifactor Index ETF has a fifty-two week low of $46.23 and a fifty-two week high of $59.07. The stock has a 50 day simple moving average of $56.10 and a two-hundred day simple moving average of $53.94. The stock has a market cap of $1.73 billion, a P/E ratio of 16.69 and a beta of 0.98.

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.