Kestra Private Wealth Services LLC Acquires 8,955 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Kestra Private Wealth Services LLC grew its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 8.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 109,588 shares of the company’s stock after purchasing an additional 8,955 shares during the period. Kestra Private Wealth Services LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $5,952,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. LPL Financial LLC lifted its position 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. Orgel Wealth Management LLC raised its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 165.4% during the fourth quarter. Orgel Wealth Management LLC now owns 1,537,350 shares of the company’s stock worth $83,494,000 after buying an additional 958,040 shares during the last quarter. Bogart Wealth LLC lifted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 8.8% in the third quarter. Bogart Wealth LLC now owns 711,224 shares of the company’s stock valued at $39,615,000 after buying an additional 57,599 shares during the period. Raymond James & Associates boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 5.1% during the third quarter. Raymond James & Associates now owns 360,278 shares of the company’s stock valued at $20,067,000 after acquiring an additional 17,528 shares during the last quarter. Finally, Private Advisor Group LLC grew its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 20.1% during the 3rd quarter. Private Advisor Group LLC now owns 349,743 shares of the company’s stock worth $19,481,000 after acquiring an additional 58,612 shares during the period.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 0.9 %

FLQM stock opened at $55.55 on Monday. The firm has a market cap of $669.33 million, a PE ratio of 16.96 and a beta of 0.90. The stock has a 50-day moving average price of $55.83 and a 200-day moving average price of $55.25. Franklin U.S. Mid Cap Multifactor Index ETF has a 1-year low of $25.35 and a 1-year high of $28.79.

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.