HighTower Advisors LLC Purchases 22,570 Shares of Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

HighTower Advisors LLC grew its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 4.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 550,196 shares of the company’s stock after buying an additional 22,570 shares during the period. HighTower Advisors LLC owned 1.80% of Franklin U.S. Mid Cap Multifactor Index ETF worth $30,954,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Eagle Wealth Strategies LLC raised its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 102.9% during the 3rd quarter. Eagle Wealth Strategies LLC now owns 390,301 shares of the company’s stock worth $22,032,000 after buying an additional 197,968 shares during the period. Bank of America Corp DE grew its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 35.6% in the second quarter. Bank of America Corp DE now owns 677,284 shares of the company’s stock valued at $36,783,000 after acquiring an additional 177,777 shares during the period. Larson Financial Group LLC increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 33.7% in the third quarter. Larson Financial Group LLC now owns 672,283 shares of the company’s stock worth $37,950,000 after acquiring an additional 169,571 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 19.7% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 975,462 shares of the company’s stock worth $55,065,000 after acquiring an additional 160,864 shares in the last quarter. Finally, Orgel Wealth Management LLC raised its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 7.6% during the fourth quarter. Orgel Wealth Management LLC now owns 1,510,839 shares of the company’s stock worth $85,000,000 after purchasing an additional 107,072 shares during the period.

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

BATS:FLQM opened at $56.87 on Friday. Franklin U.S. Mid Cap Multifactor Index ETF has a fifty-two week low of $52.67 and a fifty-two week high of $58.66. The stock has a market capitalization of $1.74 billion, a PE ratio of 16.69 and a beta of 0.98. The business’s 50-day simple moving average is $55.87 and its 200-day simple moving average is $56.59.

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.