Franklin U.S. Mid Cap Multifactor Index ETF $FLQM Position Lifted by Financial Consulate Inc.

Financial Consulate Inc. raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 4.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 380,180 shares of the company’s stock after acquiring an additional 16,033 shares during the quarter. Franklin U.S. Mid Cap Multifactor Index ETF makes up 2.9% of Financial Consulate Inc.’s portfolio, making the stock its 10th largest holding. Financial Consulate Inc. owned 1.24% of Franklin U.S. Mid Cap Multifactor Index ETF worth $21,389,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Beaumont Financial Advisors LLC lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 1.3% during the 4th quarter. Beaumont Financial Advisors LLC now owns 16,673 shares of the company’s stock valued at $938,000 after buying an additional 214 shares in the last quarter. Pinnacle Financial Partners Inc. lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 2.6% during the 3rd quarter. Pinnacle Financial Partners Inc. now owns 8,835 shares of the company’s stock valued at $499,000 after buying an additional 220 shares in the last quarter. Capital Investment Advisory Services LLC lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 14.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,718 shares of the company’s stock valued at $97,000 after buying an additional 221 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% during the 2nd quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock valued at $58,000 after buying an additional 326 shares in the last quarter. Finally, Orion Porfolio Solutions LLC lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 3.0% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 14,368 shares of the company’s stock valued at $780,000 after buying an additional 420 shares in the last quarter.

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

FLQM opened at $56.44 on Thursday. Franklin U.S. Mid Cap Multifactor Index ETF has a fifty-two week low of $46.32 and a fifty-two week high of $58.66. The firm’s fifty day moving average is $56.64 and its 200 day moving average is $56.52. The stock has a market cap of $1.73 billion, a price-to-earnings 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.