Franklin Resources Inc. Acquires 1,066 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Franklin Resources Inc. lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 8.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,084 shares of the company’s stock after purchasing an additional 1,066 shares during the quarter. Franklin Resources Inc. owned approximately 0.12% of Franklin U.S. Mid Cap Multifactor Index ETF worth $790,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in FLQM. Orgel Wealth Management LLC bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at approximately $32,268,000. LPL Financial LLC raised its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 28.7% during the third quarter. LPL Financial LLC now owns 2,367,312 shares of the company’s stock worth $131,859,000 after acquiring an additional 527,519 shares in the last quarter. CWM LLC lifted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 36.1% during the third quarter. CWM LLC now owns 1,035,544 shares of the company’s stock valued at $57,680,000 after acquiring an additional 274,529 shares during the period. Financial Partners Group Inc acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at $6,925,000. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 119.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 216,678 shares of the company’s stock worth $11,113,000 after purchasing an additional 117,829 shares during the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Down 0.9 %

BATS:FLQM opened at $54.73 on Monday. The firm has a market cap of $659.50 million, a PE ratio of 16.96 and a beta of 0.90. Franklin U.S. Mid Cap Multifactor Index ETF has a 12 month low of $25.35 and a 12 month high of $28.79. The company’s 50-day moving average price is $56.52 and its two-hundred day moving average price is $54.51.

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.