Franklin U.S. Mid Cap Multifactor Index ETF $FLQM Shares Bought by IAG Wealth Partners LLC

IAG Wealth Partners LLC raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 169.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,572 shares of the company’s stock after buying an additional 29,272 shares during the quarter. IAG Wealth Partners LLC owned about 0.15% of Franklin U.S. Mid Cap Multifactor Index ETF worth $2,529,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Royal Bank of Canada raised its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 22.1% in the 1st quarter. Royal Bank of Canada now owns 350,852 shares of the company’s stock valued at $18,598,000 after acquiring an additional 63,617 shares during the last quarter. Ridgeline Wealth Planning LLC increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 26.5% in the second quarter. Ridgeline Wealth Planning LLC now owns 34,534 shares of the company’s stock valued at $1,876,000 after purchasing an additional 7,230 shares during the last quarter. Atria Wealth Solutions Inc. increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 2.8% in the first quarter. Atria Wealth Solutions Inc. now owns 10,831 shares of the company’s stock valued at $574,000 after purchasing an additional 300 shares during the last quarter. WCG Wealth Advisors LLC lifted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 508.5% during the first quarter. WCG Wealth Advisors LLC now owns 80,606 shares of the company’s stock worth $4,273,000 after buying an additional 67,359 shares in the last quarter. Finally, Vicus Capital boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 693.1% during the second quarter. Vicus Capital now owns 41,041 shares of the company’s stock worth $2,229,000 after buying an additional 35,866 shares during the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Down 0.4%

Shares of BATS:FLQM opened at $56.36 on Wednesday. Franklin U.S. Mid Cap Multifactor Index ETF has a 52-week low of $46.23 and a 52-week high of $59.07. The business has a fifty day moving average of $55.83 and a two-hundred day moving average of $55.38. The stock has a market cap of $1.73 billion, a P/E ratio of 16.69 and a beta of 0.98.

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.