Franklin U.S. Mid Cap Multifactor Index ETF $FLQM Position Cut by Private Advisor Group LLC

Private Advisor Group LLC lowered its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 7.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 560,821 shares of the company’s stock after selling 46,622 shares during the period. Private Advisor Group LLC owned 1.83% of Franklin U.S. Mid Cap Multifactor Index ETF worth $31,658,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. NewEdge Advisors LLC lifted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% in the 2nd quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock valued at $58,000 after purchasing an additional 326 shares during the last quarter. Steigerwald Gordon & Koch Inc. acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter valued at about $84,000. JPMorgan Chase & Co. grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 45,360.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,546 shares of the company’s stock worth $257,000 after purchasing an additional 4,536 shares during the last quarter. Cozad Asset Management Inc. bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 2nd quarter worth about $292,000. Finally, Personal CFO Solutions LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the second quarter valued at approximately $373,000.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Down 0.2%

FLQM opened at $56.92 on Tuesday. The business’s 50 day moving average is $57.67 and its 200-day moving average is $56.79. The stock has a market cap of $1.74 billion, a PE ratio of 16.69 and a beta of 0.98. Franklin U.S. Mid Cap Multifactor Index ETF has a twelve month low of $46.23 and a twelve month high of $58.66.

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.