Integrated Wealth Concepts LLC Cuts Holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Integrated Wealth Concepts LLC decreased its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 15.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,075 shares of the company’s stock after selling 1,596 shares during the period. Integrated Wealth Concepts LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $505,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in FLQM. Sage Mountain Advisors LLC grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 107.0% during the second quarter. Sage Mountain Advisors LLC now owns 677 shares of the company’s stock valued at $35,000 after purchasing an additional 350 shares in the last quarter. Providence Capital Advisors LLC purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter valued at about $63,000. Aspire Wealth Management Corp grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 59.4% during the third quarter. Aspire Wealth Management Corp now owns 1,320 shares of the company’s stock valued at $74,000 after purchasing an additional 492 shares in the last quarter. Signaturefd LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at about $90,000. Finally, Farther Finance Advisors LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at about $196,000.

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

Shares of BATS:FLQM opened at $57.29 on Wednesday. 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 50-day moving average price of $56.50 and a 200 day moving average price of $54.09. The company has a market cap of $690.34 million, a price-to-earnings ratio of 16.96 and a beta of 0.90.

Franklin U.S. Mid Cap Multifactor Index ETF 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.