Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Shares Acquired by LPL Financial LLC

LPL Financial LLC boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 28.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,367,312 shares of the company’s stock after purchasing an additional 527,519 shares during the quarter. LPL Financial LLC owned about 0.20% of Franklin U.S. Mid Cap Multifactor Index ETF worth $131,859,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Essex Financial Services Inc. boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 2.1% during the second quarter. Essex Financial Services Inc. now owns 15,555 shares of the company’s stock worth $798,000 after acquiring an additional 327 shares during the last quarter. Sage Mountain Advisors LLC grew its position 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. HBW Advisory Services LLC increased its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 2.0% in the third quarter. HBW Advisory Services LLC now owns 19,893 shares of the company’s stock valued at $1,108,000 after purchasing an additional 393 shares during the last quarter. Clear Point Advisors Inc. lifted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 3.3% during the first quarter. Clear Point Advisors Inc. now owns 12,886 shares of the company’s stock worth $689,000 after buying an additional 410 shares during the period. Finally, Aspire Wealth Management Corp lifted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 59.4% during the third quarter. Aspire Wealth Management Corp now owns 1,320 shares of the company’s stock worth $74,000 after buying an additional 492 shares during the period.

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

FLQM opened at $58.02 on Friday. Franklin U.S. Mid Cap Multifactor Index ETF has a 1 year low of $25.35 and a 1 year high of $28.79. The company’s 50 day simple moving average is $55.71 and its 200 day simple moving average is $53.53. The stock has a market capitalization of $699.14 million, a PE ratio of 16.96 and a beta of 0.90.

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.