ProVise Management Group LLC Has $501,000 Position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

ProVise Management Group LLC raised its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 19.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,220 shares of the company’s stock after acquiring an additional 1,505 shares during the quarter. ProVise Management Group LLC owned approximately 0.08% of Franklin U.S. Mid Cap Multifactor Index ETF worth $501,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Westover Capital Advisors LLC lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 1.6% in the fourth quarter. Westover Capital Advisors LLC now owns 11,699 shares of the company’s stock valued at $635,000 after acquiring an additional 187 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 6.1% in the fourth quarter. Farther Finance Advisors LLC now owns 3,729 shares of the company’s stock valued at $203,000 after acquiring an additional 216 shares during the last quarter. Pacific Sun Financial Corp lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 3.9% in the fourth quarter. Pacific Sun Financial Corp now owns 6,922 shares of the company’s stock valued at $376,000 after acquiring an additional 260 shares during the last quarter. Assetmark Inc. acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 4th quarter worth about $29,000. Finally, Essex Financial Services Inc. lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 3.6% during the 4th quarter. Essex Financial Services Inc. now owns 16,784 shares of the company’s stock worth $912,000 after buying an additional 587 shares during the last quarter.

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

BATS FLQM opened at $53.07 on Thursday. The firm has a 50-day moving average of $54.91 and a 200-day moving average of $55.45. The stock has a market cap of $1.42 billion, a PE ratio of 16.92 and a beta of 1.05. Franklin U.S. Mid Cap Multifactor Index ETF has a 52-week low of $49.72 and a 52-week high of $59.07.

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.