21,419 Shares in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Purchased by TAP Consulting LLC

TAP Consulting LLC purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 21,419 shares of the company’s stock, valued at approximately $1,163,000.

A number of other institutional investors and hedge funds also recently modified their holdings of FLQM. Raymond James Financial Inc. purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the fourth quarter valued at approximately $92,389,000. Orgel Wealth Management LLC grew its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 165.4% during the 4th quarter. Orgel Wealth Management LLC now owns 1,537,350 shares of the company’s stock valued at $83,494,000 after buying an additional 958,040 shares during the period. LPL Financial LLC raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 28.7% in the 3rd quarter. LPL Financial LLC now owns 2,367,312 shares of the company’s stock worth $131,859,000 after purchasing an additional 527,519 shares during the period. Atria Investments Inc lifted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 344.3% during the fourth quarter. Atria Investments Inc now owns 164,792 shares of the company’s stock valued at $8,950,000 after buying an additional 127,698 shares in the last quarter. Finally, Bank of Montreal Can purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth approximately $5,855,000.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Down 3.6 %

Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $53.07 on Thursday. The firm has a market capitalization of $1.42 billion, a P/E ratio of 16.92 and a beta of 1.05. The firm has a fifty day moving average of $54.91 and a 200-day moving average of $55.45. Franklin U.S. Mid Cap Multifactor Index ETF has a 52-week low of $49.72 and a 52-week high of $59.07.

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.