HighTower Advisors LLC Acquires 37,109 Shares of Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

HighTower Advisors LLC raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 7.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 527,626 shares of the company’s stock after purchasing an additional 37,109 shares during the quarter. HighTower Advisors LLC owned 1.72% of Franklin U.S. Mid Cap Multifactor Index ETF worth $29,784,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Redhawk Wealth Advisors Inc. increased its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 7.3% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 182,198 shares of the company’s stock worth $10,285,000 after purchasing an additional 12,364 shares during the period. AllGen Financial Advisors Inc. lifted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 8.6% in the 3rd quarter. AllGen Financial Advisors Inc. now owns 176,960 shares of the company’s stock worth $9,989,000 after buying an additional 14,017 shares during the period. Forefront Wealth Partners LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth $649,000. Cozad Asset Management Inc. purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the second quarter valued at $292,000. Finally, Adapt Wealth Advisors LLC increased its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 3.6% during the second quarter. Adapt Wealth Advisors LLC now owns 167,660 shares of the company’s stock valued at $9,106,000 after buying an additional 5,849 shares during the period.

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

BATS:FLQM opened at $58.06 on Thursday. Franklin U.S. Mid Cap Multifactor Index ETF has a 1-year low of $46.23 and a 1-year high of $58.66. The company has a 50-day moving average of $57.46 and a 200 day moving average of $56.57. The firm has a market cap of $1.78 billion, a PE ratio of 16.69 and a beta of 0.98.

Franklin U.S. Mid Cap Multifactor Index ETF 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.