Advisor Resource Council acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,680 shares of the company’s stock, valued at approximately $316,000.
Other large investors have also bought and sold shares of the company. Orgel Wealth Management LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter worth about $32,268,000. CWM LLC lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 36.1% in the 3rd quarter. CWM LLC now owns 1,035,544 shares of the company’s stock valued at $57,680,000 after purchasing an additional 274,529 shares during the last quarter. Cetera Investment Advisers acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the first quarter valued at approximately $10,548,000. Raymond James & Associates grew its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 119.1% during the second quarter. Raymond James & Associates now owns 342,750 shares of the company’s stock worth $17,580,000 after buying an additional 186,321 shares during the last quarter. Finally, Financial Partners Group Inc bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at $6,925,000.
Franklin U.S. Mid Cap Multifactor Index ETF Stock Up 0.4 %
Shares of FLQM stock opened at $57.34 on Friday. The firm has a market capitalization of $690.95 million, a P/E ratio of 16.96 and a beta of 0.90. The stock’s fifty day simple moving average is $55.05 and its 200 day simple moving average is $53.07. Franklin U.S. Mid Cap Multifactor Index ETF has a twelve month low of $25.35 and a twelve month 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.
Further Reading
- Five stocks we like better than Franklin U.S. Mid Cap Multifactor Index ETF
- How to Calculate Return on Investment (ROI)
- Gilead’s Stock Surge: What’s Fueling the Momentum?
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Breakout Alert: Qualcomm Just Hit The Rally Button
- Ride Out The Recession With These Dividend Kings
- Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
Want to see what other hedge funds are holding FLQM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report).
Receive News & Ratings for Franklin U.S. Mid Cap Multifactor Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin U.S. Mid Cap Multifactor Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
