Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 6.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,729 shares of the company’s stock after acquiring an additional 216 shares during the period. Farther Finance Advisors LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $203,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the fourth quarter valued at $92,389,000. Orgel Wealth Management LLC raised its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 165.4% in the fourth 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 in the last quarter. LPL Financial LLC raised its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 28.7% in the third quarter. LPL Financial LLC now owns 2,367,312 shares of the company’s stock valued at $131,859,000 after buying an additional 527,519 shares in the last quarter. Atria Investments Inc raised its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 344.3% in 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 acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at $5,855,000.

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

Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $53.07 on Thursday. Franklin U.S. Mid Cap Multifactor Index ETF has a 1-year low of $49.72 and a 1-year high of $59.07. The stock has a market cap of $1.42 billion, a PE ratio of 16.92 and a beta of 1.05. The stock’s fifty day moving average is $54.91 and its two-hundred day moving average is $55.45.

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.