Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Shares Sold by Stratos Investment Management LLC

Stratos Investment Management LLC lessened its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 14.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 162,217 shares of the company’s stock after selling 27,749 shares during the quarter. Stratos Investment Management LLC owned about 1.35% of Franklin U.S. Mid Cap Multifactor Index ETF worth $8,810,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Orgel Wealth Management LLC grew its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 165.4% in the 4th quarter. Orgel Wealth Management LLC now owns 1,537,350 shares of the company’s stock worth $83,494,000 after acquiring an additional 958,040 shares during the period. LPL Financial LLC grew its position in shares of 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 purchasing an additional 527,519 shares during the period. CWM LLC lifted its position in 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 worth $57,680,000 after buying an additional 274,529 shares during the period. Financial Partners Group Inc acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter worth about $6,925,000. Finally, Harbor Group Inc. grew its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 253.5% in the 3rd quarter. Harbor Group Inc. now owns 152,674 shares of the company’s stock valued at $8,504,000 after buying an additional 109,489 shares during the period.

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

BATS FLQM opened at $55.67 on Wednesday. The company has a 50-day moving average of $56.05 and a 200-day moving average of $55.19. 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 market cap of $670.76 million, a P/E 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.