Janney Montgomery Scott LLC Boosts Stock Holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Janney Montgomery Scott LLC boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 14.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,307 shares of the company’s stock after purchasing an additional 5,926 shares during the period. Janney Montgomery Scott LLC owned about 0.38% of Franklin U.S. Mid Cap Multifactor Index ETF worth $2,579,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Kingsview Wealth Management LLC lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 3.0% during the first quarter. Kingsview Wealth Management LLC now owns 16,734 shares of the company’s stock worth $895,000 after acquiring an additional 484 shares in the last quarter. Leo Wealth LLC boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 23.2% in the first quarter. Leo Wealth LLC now owns 91,996 shares of the company’s stock worth $4,892,000 after acquiring an additional 17,302 shares during the period. Osaic Holdings Inc. boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 35.0% in the first quarter. Osaic Holdings Inc. now owns 217,071 shares of the company’s stock worth $11,606,000 after acquiring an additional 56,337 shares during the period. Clear Point Advisors Inc. boosted 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 worth $689,000 after acquiring an additional 410 shares during the period. Finally, Cetera Investment Advisers bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the first quarter worth $10,548,000.

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

BATS:FLQM opened at $57.93 on Tuesday. The firm has a market capitalization of $698.00 million, a price-to-earnings ratio of 16.96 and a beta of 0.90. Franklin U.S. Mid Cap Multifactor Index ETF has a 52-week low of $25.35 and a 52-week high of $28.79. The stock has a fifty day moving average of $55.10 and a 200 day moving average of $53.16.

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.