Cetera Investment Advisers Increases Stock Position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Cetera Investment Advisers grew its stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 3.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 204,603 shares of the company’s stock after acquiring an additional 7,289 shares during the period. Cetera Investment Advisers owned about 1.70% of Franklin U.S. Mid Cap Multifactor Index ETF worth $10,494,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in FLQM. Essex Financial Services Inc. lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 2.1% during the 2nd quarter. Essex Financial Services Inc. now owns 15,555 shares of the company’s stock worth $798,000 after acquiring an additional 327 shares in the last quarter. Sage Mountain Advisors LLC boosted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 107.0% in the second quarter. Sage Mountain Advisors LLC now owns 677 shares of the company’s stock valued at $35,000 after purchasing an additional 350 shares during the period. Clear Point Advisors Inc. grew its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 3.3% in the first quarter. Clear Point Advisors Inc. now owns 12,886 shares of the company’s stock valued at $689,000 after purchasing an additional 410 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 3.0% in the first quarter. Kingsview Wealth Management LLC now owns 16,734 shares of the company’s stock valued at $895,000 after purchasing an additional 484 shares in the last quarter. Finally, Strategic Equity Management boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 14.8% in the 2nd quarter. Strategic Equity Management now owns 6,212 shares of the company’s stock valued at $319,000 after buying an additional 800 shares during the period.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 0.5 %

Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $55.46 on Friday. The firm has a market capitalization of $668.29 million, a P/E ratio of 16.96 and a beta of 0.90. Franklin U.S. Mid Cap Multifactor Index ETF has a twelve month low of $25.35 and a twelve month high of $28.79. The stock’s fifty day simple moving average is $53.93 and its 200-day simple moving average is $52.49.

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.