Family Capital Management Inc. Acquires 2,005 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Family Capital Management Inc. grew its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 2.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 80,398 shares of the company’s stock after purchasing an additional 2,005 shares during the quarter. Franklin U.S. Mid Cap Multifactor Index ETF accounts for 2.9% of Family Capital Management Inc.’s investment portfolio, making the stock its 8th biggest position. Family Capital Management Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $4,478,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of FLQM. Orgel Wealth Management LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter valued at $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 valued at $131,859,000 after buying an additional 527,519 shares in the last quarter. CWM LLC lifted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 36.1% during the 3rd quarter. CWM LLC now owns 1,035,544 shares of the company’s stock worth $57,680,000 after buying an additional 274,529 shares during the last quarter. Cetera Investment Advisers acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 1st quarter worth approximately $10,548,000. Finally, Raymond James & Associates increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 119.1% in the 2nd quarter. Raymond James & Associates now owns 342,750 shares of the company’s stock valued at $17,580,000 after acquiring an additional 186,321 shares during the last quarter.

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

Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $58.02 on Friday. 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 has a fifty day moving average price of $55.79 and a two-hundred day moving average price of $53.57. The company has a market cap of $699.14 million, a PE ratio of 16.96 and a beta of 0.90.

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.